va loans.jpgWhat is a VA Loan?

A VA loan is insured by the U.S. Department of Veterans Affairs and issued by VA approved lenders. This government guaranteed loan enables these approved lenders to lend with more flexible and lenient qualifying guidelines. Since this military loan guarantee program was first created in 1944, more than 20 million Veterans and their families have been helped with affordable home financing. American Pacific Mortgage is honored to offer VA loans.

Benefits of VA Loans

VA loans offer excellent benefits to our heroes, such as the possibility of 100% financing, no mortgage insurance requirement, limited closing costs, and the option to finance the VA funding fee into the loan. There are programs for first-time home buyers that can include financing some costs of repairs and remodeling into the loan (up to 103.15%), as well as a streamlined refinance program that allows veterans to reduce their interest rates without having to re-qualify.

When it comes to getting a VA loan through American Pacific Mortgage, there are unmatched benefits and no drawbacks.

How to Qualify for a VA Loan

To be eligible for a VA loan, you must have:


Posted 4/11/2018