VA Loans in Jeffersonville, IN
Indiana, Kentucky & Florida’s #1 Source For Your Mortgage Needs
VA Loans - 100% Financing
VA loans offer 100% financing to help Servicemembers, Veterans, and eligible surviving spouses become homeowners.
It’s part of the government’s mission to provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home.
Our team can help you navigate a VA home improvement loan, a cash out refinance VA loan, or just discuss the current VA home loan rates. If you are interested is high level information about qualifications for a VA loan or general information about a VA loan, then you’ve come to the correct lender!
Other benefits of a VA loan include:
- No down payment required
- Competitively low intertest rates
- Closing costs are comparable and sometimes lower – than other financing types
- No private mortgage insurance
- Right to prepay loan without penalties
- The Mortgage can be taken over (or assumed) by the buyer when a home is sold.
- Lifetime benefit: you can use the guaranty multiple times
Although mortgage insurance is not required, the VA charges a funding fee to safeguard against a default on the loan. The fee may be paid in cash by the buyer or seller, or it may be financed in the loan amount.
A Certificate of Eligibility from the VA must be presented to the lender to qualify for the loan.
VA Home Loan Guaranty Buyer’s Guide can be found here.
Is a VA loan the right loan for you!?! Give us a call at 812-941-0926 and we can discuss with you.
"Home Ownership Is The Cornerstone of a Strong Community"