VA Loans: Unlock Your Homeownership Dreams
Exclusive Mortgage Benefits for Veterans and Active-Duty Service Members
Affordable Homeownership for Veterans
VA loans are a powerful benefit offered to eligible veterans, active-duty military, and surviving spouses. Backed by the U.S. Department of Veterans Affairs, VA loans provide an opportunity to purchase a home with **no down payment**, **no private mortgage insurance (PMI)**, and **lower interest rates** than many conventional loans. At Lender Capital Group, we are proud to help veterans secure affordable home financing, making the home-buying process straightforward and accessible.
Whether you are buying your first home, upgrading, or refinancing, our VA loan specialists are here to guide you through the process and maximize your benefits. With VA loans, homeownership is within reach, even if you don’t have a perfect credit score or a large down payment.
Service List
- Hard Money Loans
- Multifamily Property Loans
- FHA Loans
- Hospitality Industry Financing
- Office Building Mortgages
- Bridge Loans
- Industrial Property Loans
- Jumbo Loans
- VA Loans
- Commercial Real Estate Loans
- Construction Loans
- Special Purpose Property Loans
- Conventional Loans
- Residential Mortgage Loans
- Retail Property Loans
- HELOC
- Industrial Property Financing
Why Choose a VA Loan?
No Down Payment
VA loans allow you to purchase a home without a down payment, making it easier for veterans to achieve homeownership with little to no upfront costs.
No Private Mortgage Insurance (PMI)
Unlike conventional loans, VA loans do not require PMI, which can significantly lower your monthly payments and save you thousands over the life of the loan.
Flexible Credit Requirements
VA loans have more lenient credit score requirements than conventional loans, allowing veterans with lower credit scores to qualify for competitive interest rates.
Favorable Interest Rates
VA loans often feature lower interest rates than conventional loans, making them a cost-effective option for eligible borrowers.
No Loan Limit for Qualified Borrowers
For qualified borrowers with full entitlement, VA loans no longer have a loan limit, allowing you to finance high-cost homes in expensive areas without requiring a down payment.
VA Loan Eligibility and Qualifications
To be eligible for a VA loan, you must meet one or more of the following requirements:
- You are a **veteran** who has served at least 90 consecutive days of active service during wartime or 181 days during peacetime.
- You are an **active-duty service member** with at least 90 days of continuous service.
- You are a member of the **National Guard** or **Reserves** with at least 6 years of service.
- You are a surviving spouse of a service member who died in the line of duty or as a result of a service-related disability, and you have not remarried.
Additional eligibility factors:
- A **Certificate of Eligibility (COE)** from the VA is required to verify your entitlement. Lender Capital Group can assist in obtaining this.
- **Credit Score**: While the VA does not set a minimum credit score, most lenders require a score of 620 or higher for approval.
- **Credit Score**: While the VA does not set a minimum credit score, most lenders require a score of 620 or higher for approval.
Jumbo Loan Process: What to Expect
01.
Get Your COE
The first step in applying for a VA loan is obtaining a Certificate of Eligibility (COE) from the Department of Veterans Affairs. This document confirms your eligibility for VA loan benefits. Our team can help you secure your COE quickly and easily.
02.
Pre-Approval
Once your eligibility is confirmed, we’ll guide you through the pre-approval process, where we review your financial situation, income, and credit to determine how much you can afford to borrow.
03.
Home Search
With your pre-approval in hand, you can start shopping for homes within your budget, knowing exactly how much financing you have available.
04.
Offer and Loan Application
When you find the perfect home, we’ll submit a formal loan application. We’ll work closely with the seller’s agent and the lender to ensure a smooth transaction.
05.
VA Appraisal and Underwriting
VA loans require an appraisal to ensure the property meets VA standards. The underwriting process will verify your financials and ensure you qualify for the loan.
06.
Closing
Once approved, you’ll close on your home loan and receive the keys to your new home. VA loans typically have lower closing costs than conventional loans, saving you even more money.
Benefits of VA Loans with Lender Capital Group
- Expert Guidance: We specialize in VA loans and understand the unique needs of veterans. Our loan officers will guide you through the entire process and ensure you maximize your benefits.
- Streamlined Process: We offer a fast, efficient loan process, ensuring you get into your new home quickly without unnecessary delays.
- Low Fees: VA loans have capped closing costs and no PMI, saving you thousands over the life of the loan.
- Refinancing Options: If you already have a VA loan, we offer VA streamline refinancing (IRRRL) to help you reduce your interest rate and monthly payments with minimal paperwork.
Don't Hesiate To Contact Us
Ready to start your homeownership journey with a VA loan? Contact Lender Capital Group today to learn more about how we can help you secure your VA loan benefits.