VA Home Loans: A Powerful Expression of Gratitude
At Cambria® Mortgage™, we’re proud to specialize in VA home loans, a powerful loan program available to veterans and other qualified military personnel. Read on to learn more about the program’s many benefits.
With Fourth of July fast approaching, now’s a great time to celebrate the millions of individuals who’ve served our country. At Cambria Mortgage, we’re honored to help these courageous women and men reap the benefits they’ve earned through service. We’re proud to be authorized locally to underwrite VA home loans, available exclusively to veterans, active-duty personnel, reservists, members of the National Guard, and eligible surviving spouses.
An Array of Exclusive Benefits
Backed by the U.S. Department of Veterans Affairs (VA), the VA home loan program is designed to make home ownership easy and affordable. VA home loans can be used for the purchase of a primary residence, such as a single-family home, loft, or condominium. If you do a cash-out refinance on an existing VA or non-VA mortgage, you can use the proceeds for any purpose, including improving a primary residence. The VA loan program offers many exclusive benefits, low closing costs, competitive interest rates, and more.
No savings for a down payment? No problem. One of the greatest benefits of the VA home loan program is that it doesn’t require a down payment, allowing many individuals the opportunity to purchase homes when they normally couldn’t under a traditional mortgage. VA home loans also don’t require private mortgage insurance.
Available to Qualified Military Personnel
To qualify for a VA home loan, an individual must meet at least one of the following criteria:
- Served 90 consecutive days of active service during wartime
- Served 181 days of active service during peacetime
- Served more than six years in the National Guard or Reserves
- Be a spouse of a service member who died in the line of duty or as the result of a service-related disability
Your Service, Our Honor
Our VA loan experts will help you obtain a certificate of eligibility from the U.S. Department of Veterans Affairs and determine whether a VA home loan is right for you. Once you’ve received a quote, your Cambria Mortgage loan officer can explain your loan limit, loan terms and other key facts, answer any questions, and help you make the right decision.