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Brian Curl

What are the benefits of a VA Mortgage Loan?

Wednesday, August 10, 2011 - Article by: Brian Curl - Swan Financial Corp - Message

VA loans are a popular choice for the those that are eligible, especially those that wish to finance more than 80% of their home's value or purchase price. Benefits of VA loans include:

  • Low fixed rates
  • Homeowners can borrow up to 100% when purchasing a new home
  • On cash out refinances, borrow up to 90% of Appraisal Value
  • VA loans may be used to pay off debts or do home improvements
  • Homeowners with less than perfect credit can qualify VA loans have no penalty for early payoff
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