For many eligible service members and their spouses, VA loans offer a lifeline, making the dream of buying a home possible to achieve. Issued by a private mortgage lender and backed by the U.S. Department of Veterans Affairs, a VA home loan comes with benefits not typically found in other mortgage programs – and qualifying is surprisingly easy.
Scores of active-duty and veteran military personnel in Tulsa and throughout northeast Oklahoma, including members of the National Guard and Selected Reserves, have taken advantage of a USAA VA loan, using the help of a local mortgage company. Surviving spouses and cadets at military academies are also among the countless home buyers who have used VA mortgages to purchase new dwellings. If you qualify, you may want to join them in exploring the possibility of using a VA loan to finance your next home.
VA home loans are widely considered to be one of the most powerful mortgage options available. With no down payment, no private mortgage insurance, competitive interest rates and more flexible income and credit score requirements – and the ability to borrow up to 100 percent of the purchase price of a property -- it’s easy to see why eligible Tulsa home buyers choose VA loans.
The mortgage professionals at PRMI can check your eligibility for VA financing and, if you’re qualified, help you decide if this type of government-insured home loan is your best bet. We’re here to match you with your ideal mortgage solution, and the PRMI team makes the borrowing process a breeze. Contact us today!