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We offer Freddie Mac’s Home Possible® Mortgages and Fannie Mae’s HomeReady® Mortgages that allow low down payment and flexible credit terms. Now it is easier than ever to buy the home of your dreams.
Veteran Affairs (VA) loans are offered by the Department of Veterans Affairs to eligible Active Duty and Honorably Discharged Veterans and Reservists.
100% financing without mortgage insurance to $625,500.
VA loans are also available on loan amounts up to $1.5 Million. The required down payment on loans over $625,500 is 25% of the difference between the sales price and $625,500.
A Certificate of Eligibility is required from the VA to determine Veteran’s eligibility. Jay Pyne can order this electronically from the VA as part of the preapproval process at no cost.
The pre-approval process, which entails full documentation and credit check, is the best way to determine the number that are right for you. Early in your search, you can identify any potential hurdles and focus only on homes truly available to you.
Thecalculator below will help you determine how much you may be able to borrow based on your income and recurring monthly debts.
Some costs will vary based on your scenario. While this is a good place to start, I hope we’ll talk further before you start looking. We would be happy to verify the necessary information to be able to provide you with a pre-approval that can give you a big leg up on competitors when making an offer on a home.
Please reach out when you’re ready. I’m here to help!