How to get a zero down VA loan?

As a reward for your service to your country, you may obtain a no-down VA loan, based on your credit, income and debts, as long as you have an honorable discharge. Contact a mortgage broker in your area for more information.

Just apply with any VA lender. We will check your VA Certificate of Eligibility, and then check out your credit, income, etc. VA loans are zero down, so there is nothing special you need to do there. www.VA-IRRRL-Loan-MN.com

My reply didn't link to my profile so I'm trying again... Thank you for your service Jenson. Based on the info you provided I don't see any issues with you qualifying for a 0 down VA mortgage. I am with a VA direct lender here in New Mexico and would be glad to speak with you in more detail. Please contact me at your convenience. 5053503745 or csparks@pcmloan.com . Charlie Sparks, MLO# 195031

Thank you for your service Jenson. Based on the info you provided I don't see any issues with you qualifying for a 0 down VA mortgage. I am with a VA direct lender here in New Mexico and would be glad to speak with you in more detail. Please contact me at your convenience. 5053503745 or csparks@pcmloan.com . Charlie Sparks, MLO# 195031

VA loans allow for 100% financing, and if your disability is military related, then VA will waive the funding fee.. how much you qualify for is determined on your current GROSS income, and your current monthly debt, so there is no "minimum" income requirements.. to get started, you should contact a LOCAL mortgage broker and apply with them. By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

The VA loan program requires zero down, the only thing to cover would be closing costs and prepaid items that could be covered by a seller concession, or the lender could pay them from the profit of the loan or a combination of both.... I am a US Veteran just like yourself and been specializing in VA lending since 1998... I am federaly licenced to do buisness in all 50 states.... Thanks for you service.... call me at 816-412-3568 and we can discuss your situation with no obligation. V/r John Schweer

Thanks for your service Jenson! You look pretty good on all fronts for a zero down VA loan. There's a VA funding fee which could possibly be waived depending on those injuries. I'm a Wholesale Mortgage Broker offering wholesale rates to the public in NM. With your credentials your looking at a fixed 30 year mortgage of 3.75% with fairly low fees if any. Give me a call at 505-250-7670 to discuss further.Rick SchmilleSchmille Financial LLCWholesale Mortgage Broker

Hi Jenson,Thank you for your service!VA loans, by nature, allow you a choice of 0% down. Generally, the first step is to choose a lender, who will obtain your eligibility certificate, and start the qualification process. I am a wholesale mortgage broker located in Albuquerque, a Certified VA Housing Specialist through USA Cares, and a Certified Residential Mortgage Specialist through the National Association of Mortgage Brokers. I am available after normal business hours and on weekends. Feel free to give me a call at your convenience at 505-323-0724 or via email at gina@accessfundinginc.com. NMLS #222731

VA is used for 100% financing for Eligible Veterans. Your purchase contract should also request that the seller pay your closing costs, so you will need to speak to a mortgage professional to get a good estimate on how much those costs would be so you can negotiate it into your offer. This will help make the entire transaction no money down when it is completed. Visit the link that I am providing and choose the area that represents your area to take the next steps to confirm eligibility. http://www.benefits.va.gov/homeloans/contact_rlc_info.asp

First you will need to get your Certificate of Eligibility from the VA to determine your eligibility. You can get this or the loan officer can help get this for you. Put in a full loan application with credit, provide your income documentation and get pre-qualified so you know exactly how much you qualify for. If you are eligible you will be able to go to 100% financing with no mortgage insurance. If you have over a 10% disability rating you will also be able to waive the VA funding fee. Best wishes, Sean

JensonThank you for your service!! As a Disabled Vet and Certified VA Lender, I have some basic advice. 1st, if possible work with a local lender, if you cannot find one, I worked in ABQ and know many reputable lenders. 2nd, stay away from any broker or banker that wants to charge you any bank fees. There are many banks that will waive bank fees on a VA loan, mine included. If you cannot find a local bank or broker that will waive the fees then contact me and I can guide you. You also do not want to pay any points that the lender may want to charge you. If your disability is service connected and you currently recieve disability from the VA you can have the VA Funding fee waived saving you more money. If you have questions I am licensed to write loans in all 50 states. Best Regards, Jeff Schnell- NMLS 409473 316-206-3158 JSchnell@BNCNationalBank.com