VA Home Loans for Military and Veterans
VA Loans are ideal for Veterans
VA Loans are specifically for veterans and are backed by the Department of Veterans Affairs (VA). These loans allow veterans to buy a home with little or NO down payment. Easier to qualify for than conventional mortgages, VA Loans are often quickly approved with little red tape and are available as either fixed-rate or ARM mortgages.
To be eligible, you need to have served at least 181 days of active duty or at least 6 years in the National Guard. At Embrace, we honor and appreciate your service and are here to help you get the loan you deserve.
Embrace Home Loans is honored to support the men and women who proudly serve this great nation of ours. And to show our gratitude, we’re pleased to offer a host of home financing products for military personnel and their families. Take advantage of historically low mortgage rates and get the first-class customer service you deserve. After all, you’ve certainly earned it.
What is a VA Loan?
The US Government created a loan guaranty program in 1944 to assist returning servicemen and women with the purchase of their homes. VA Loans are issued through approved lenders and are guaranteed by the US Federal Government through the US Department of Veterans Affairs (VA). Embrace Home Loans is proud to be an approved lender for the VA Loan. The goal of this program is to help service members who may have less-than-perfect credit and limited cash resources for a hefty down payment to get into the house of their dreams. Long-term financing is available for eligible veterans or their surviving spouses (who are not remarried). These veterans are eligible for larger loan amounts than with more traditional loan programs.
With lending requirements tightening over the past few years due to the housing market crisis, this program is essential for our veterans and their families. There are distinct advantages to the VA loan program. Let’s take a look at the benefits available to you…