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VA Home Loans

Get Assistance with the VA Home Loan Process from a Trusted Mortgage Firm in Santa Rosa, CA

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VA Home Loans

Providing Mortgage Placement putting YOU First as our First Priority

VA home loans are available to United States military service members, veterans, and select surviving spouses. They are $0 down mortgage options issued by private lenders and guaranteed by the U.S Department of Veterans Affairs (VA). With strict credit standards and down payment requirements, VA mortgage loans offer a way for many military members to buy or refinance homes. In fact, since the loan was created in 1944, the VA has guaranteed more than 24 million loans. VA home loan requirements do not include mortgage insurance premiums like FHA and other government-backed loans do. You First Mortgage is a licensed mortgage broker that assists borrowers in and around Santa Rosa, CA. We can provide guidance through every step of the VA home loan process and take care of most of the work for you.

If you are a veteran, current service member, or the surviving spouse of a veteran, you may be eligible for a VA home loan. You First Mortgage has established relationships with a variety of VA-approved lenders. We can help you save time and money while making the borrowing process easy and convenient for you. Whether you are looking to purchase a new home, get a lower interest rate on your current VA home loan, or take out cash against your home equity, we’re here for you. Contact us in order to verify your eligibility and start shopping loans today. Call (707) 919-3103 or fill out our online contact form. We are looking forward to meeting you and helping you find the home financing option that meets your unique needs.

What Is a VA Home Loan?

VA home mortgage loans are issued by private lenders and guaranteed by the VA. They offer many benefits that help veterans and service members buy homes and refinance in a variety of situations.

  • Unless required by the lender, or if the purchase price exceeds the established property value, no down payment is necessary
  • You do not have to pay private mortgage insurance premiums (MIPs)
  • Low closing costs, which may be paid by the seller
  • No prepayment penalties

Also, the VA offers assistance to many borrowers to help them avoid defaulting. Many states, including California, provide additional benefits for veterans, such as property tax exemptions. These are some of the various types of VA home loans:

  • Purchase Loans: These loans help veterans buy homes at competitive interest rates. They typically do not require a down payment or MIP.
  • Cash-out Refinance Loans: These loans allow veteran homeowners to borrow against their current home equity to pay off debt or make a large purchase.
  • Interest Rate Reduction Refinance Loans: These loans may help you get a lower interest rate by refinancing your existing VA mortgage loan. They can also convert an adjustable-rate mortgage into a fixed-rate mortgage.
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What Are The VA Home Loan Requirements?

These are the general eligibility requirements for obtaining a VA loan. If you do not meet these exact requirements, there is still a possibility that you could be eligible. Contact You First Mortgage today to speak with a qualified professional and learn your home financing options.

In order to qualify for a VA home loan, you must meet the following requirements:

  • Served at least 90 consecutive days of active duty during wartime
  • Served at least 181 days of active duty during peacetime
  • Spent at least 6 years serving in the National Guard or U.S Military Reserves
  • Are the surviving spouse of a service member who died either in duy or as a result of a service-related disability
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Understanding the VA Home Loan Process

If you are buying or refinancing a home in the Santa Rosa, CA area, You First Mortgage can help you throughout the VA home loan process.

  1. Contact You First Mortgage
  2. Get Certificate of Eligibility
  3. Pre-Qualify
  4. Find a House and Sign Purchase Agreement
  5. Choose a Qualified Lender with You First Mortgage
  6. Lender Processes Your Application and Orders Appraisal
  7. Close the Deal and Open the Door

About

You First Mortgage is a licensed mortgage broker based in Santa Rosa, CA. When you partner with us, we put your interests above all other priorities. With versatile real estate industry experience in the local market, our advisors can provide reliable guidance when it comes to choosing home financing options. We are CalHFA Certified for Government Down Payment Assistance.

Providing Mortgage Placement putting
YOU First as our First Priority
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Ashley D.
5 star rating
9/09/2019 - Yelp

Austin helped us buy our first home in under a month and we couldn't be happier as first time home... read more

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leslyecharlesworth
9/02/2019 - Zillow

Highly likely to recommend Austin helped make home ownership in Northern California a reality for our family. He was always on call to help... read more

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al nayeri
7/26/2019 - Zillow

Highly likely to recommend Austin is a true gentleman and a professional on top of his game. He not only knows the real estate... read more

DISCLAIMER:
The information contained on this website is presented for informational and marketing purposes only and is not to be understood as financial advice. You should consult with a representative from You First Mortgage for further information, the mere act of contacting You First Mortgage does not create a client relationship. As a result, you should never send any confidential information to our office until representation or client relationship has been established.

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