VETERANS TIME TO USE YOUR HOME BENEFITS

VA will guarantee a maximum of 25 percent of a home loan amount up to $104,250, which limits the maximum loan amount to $417,000. Generally, the reasonable value of the property or the purchase price, whichever is less, plus the funding fee may be borrowed. All veterans must qualify, for they are not automatically eligible for the program.

VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan. The guaranty replaces the protection the lender normally receives by requiring a down payment allowing you to obtain favorable financing terms.

You can use the mortgage company or bank of your choice, but if you'd like more information from a VA approved lender, that can pull your certificate and information needed online, please give us a call for more information.

GOD'S PROPERTY REALTY
Faith Floyd, REALTOR®
Licensed Real Estate Broker/Owner
10101 HARWIN DR SUITE 175
HOUSTON TX 77036
Direct (281) 743-0243 | Fax (866) 731-9435 |
WWW.GODSPROPERTYREALTY.COM
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