Are you trying to purchase or refinance your home? If you are actively serving the military, a reservist or a retired veteran, you should try to see if you’re eligible for a VA loan.
VA loan is one of the earned benefits of those who served in the military. By this loan, you can finance 100 percent of the purchase price of a home – which means that there will be no down payments and no private mortgage insurance. Plus, you also get competitive interest rates!
You can apply for a VA loan with any mortgage lender that participates in the VA home loan program. At some point, you will need to get a Certificate of Eligibility from VA to prove to the lender that you are eligible for a VA loan. You can get this form by completing a VA Form 26-1880 (Request for a Certificate of Eligibility) or have the lender get this certificate for you thru the Web LGY system.
If you want to see what the current veteran loan rates are, you can browse online for websites or companies that offer VA loans and refinancing to its clients. You can also learn more about this program by going directly to VA.gov.