There is a new player in town. A company called VA Mortgage Center has recently launched an interesting program for all the Veterans and Active-Duty military.
Even though that are insured by the U.S government, VA Mortgage Center is not affiliated with any government agencies
From watching their video and doing some research on their company, it seems like their mortgage program is very solid and it seem to offer some good benefits for our former and current troops.
In our opinion, the best thing about their loans is the elimination of the Private Mortgage Insurance, also known as PMI. Many lenders requires PMI if the borrower doesn’t come up with a 20% downpayment.
Also, their loans approvals are not solely based on a strong credit score or a high income, therefore it is easier to qualify for one.
If you have served in the military or you are currently enrolled, and you are looking to purchase the house of your dreams, contacting them might save you the hassle of finding a good rate while keeping the downpayment at a minimum level.
For more information, feel free to visit their website www.vamortgagecenter.com
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