Whether at times of war or times of peace, U.S. soldiers fought to preserve and protect the lives of the innocent. Their whole lives have been spent for the service of the people. It is an act of selflessness that cannot be denied. At the twilight of their lives, U.S. veterans deserve to have the best benefits that they should get. These include financial pension to help them in their financial needs, enough medicine to help them in their fight to survive, and more importantly, a home, to protect them from rain and too much sunlight.
Getting a home in Connecticut that each veteran deserves is much easier now with the VA Mortgage Loan. This is a type of loan specifically structured for the convenience of veterans. This mortgage loan gives a long-term financial support to American veterans. VA loans are given by federally qualified mortgage lenders and also guaranteed by the U.S. Veterans Administration. One of the companies that can actually help veterans in applying for a VA Mortgage is Primary Residential Mortgage, Inc. This company offers the best options for house mortgages in the Connecticut area.
If you know a veteran and want him or her to apply for a VA Mortgage in Connecticut for his or her retirement, then call, e-mail, or visit their website for more information. Their loan officers are ready to help you every day including weekends to give you and our veterans the best service that they deserve.
To apply for a VA loan is much easier than a conventional loan. First, the veteran must confirm his eligibility and submit it to his or her lending choice in the Connecticut area. If however, the veteran does not have enough money for a 20% down payment, it does not become a hindrance to get his new home. VA mortgage program will provide the amount with no mortgage insurance. The veteran will now be able to save a bigger amount of money to use for other important expenses such as food and medicine. What’s even better is that for a purchase of a house, this kind of mortgage can actually pay for the total amount of the house that the veteran plans to buy. If the veteran wants to refinance a home, the mortgage will cover up to 90% of the total cost of the house. Not a bad deal right?
With the benefits of this kind of loan, there is also a funding fee. This kind of fees are financed into the loan and paid to the Veteran’s Association. This is how the program replenishes its funds so that it will not run out of money for future veterans. This type of fee will also vary depending on what service in the army the veteran has been involved and if he had used this fee before.
The qualification of veterans to apply for this kind of mortgage loan is much lenient than other types of loans. Even with a knack for financial errors in the past, this does not become a problem. The answer is because this type of loan is backed up by the government.
If you know a veteran who needs a home, grab the opportunity by applying for a VA loan in Connecticut with Primary Residential Mortgage, Inc. Visit their website at www.teamprimary.com for additional information.
Help our heroes get the home they deserve.