Home Loans Arizona - California - Nevada - Utah

A VA purchase home loan program in Wittmann Arizona is a mortgage loan guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction. The VA does not originate loans, but sets the rules for who may qualify, issues minimum guidelines and requirements under which mortgages may be offered and financially guarantees loans that qualify under the program.

The basic intention of the VA home loan program is to supply home financing to eligible veterans and to help veterans purchase properties with no down payment. The loan may be issued by qualified lenders.

VA purchase home loan program in Wittmann Arizona Benefits:

• No down payment on a VA loan
• No mortgage insurance for VA loans
• VA loans have a government guarantee
• VA loans don’t allow a prepayment penalty
• It’s easier to qualify for VA loans
• VA loan closing costs are lower
• The VA offers funding fee flexibility
• VA loans are assumable

VA purchase home loan program in Wittmann Arizona Requirments:

• Working electric, heating and cooling systems
• Adequate roofing that will last the foreseeable future
• Sufficient in size for basic living necessities
• Clean, continuous water supply with sanitary facilities
• Free of lead-based paint
• Free of wood destroying insects, fungus and dry rot
• Safe and sanitary sewage disposal
• Accessible from an all-weather public or private street
• Attics and crawl spaces must be accessible and properly vented

Get qualified for VA purchase home loan program in Wittmann, Arizona. Call Nathan Rufty at (623) 850-1210.