What Are VA Home Loans
At DC Lending LLC in Vancouver, WA, we are proud to help veterans get affordable home loans and are grateful for their service and sacrifice. VA loans are available to veterans, service members, and select spouses of military members. These loans were created in 1944 to help returning veterans afford homes when they didn’t have adequate credit or down payments. VA loans allow veterans to return home and still be capable of buying a house.
Private lenders like a bank or a mortgage company issue these loans, and the United States Department of Veterans Affairs guarantees them. Because these loans are unique and offer many benefits, they also have stricter requirements. These loans are exclusive to veterans and allow them an accessible and reliable loan option. The loan officers at DC Lending LLC are proud to assist all veterans in acquiring an affordable loan.
Benefits Of VA Loans
Some of the benefits associated with VA loans are a 0% down payment, no monthly mortgage insurance, competitive interest rates, and leniency with credit and income requirements. Doing this allows more veterans to qualify for this loan. Some restrictions come with this loan, just like with any other loan. You can only use VA loans for your primary residence, which means you can not get a VA loan for investment purposes or vacation homes. There are many other benefits associated with VA homes loans. And our team is happy to work side by side with you to get the best option possible.
Qualifications For VA Loans
Our loan officers at DC Lending LLC would be happy to assist you in acquiring a VA loan. There are many requirements and some restrictions that will determine if a VA loan is the best option for you. Some possible qualifications include; active service for a specific amount of time, members of the National Guard or reserves, or spouses of military members who died in the line of duty.
Other qualifications can better help determine your eligibility, and our staff would be more than happy to assist you through the process. If you aren’t sure whether or not you qualify for a VA loan, stop by our office and work one on one with one of our specialized loan officers. We work hard to find the best loan option for you!
Loans For Vancouver Veterans
DC Lending LLC is proud to specialize in providing veterans with affordable VA loans. Our company is family-owned and strives to help all of our customers through the loan process and ensure it is smooth and enjoyable. Buying a home is exciting and should be as stress-free as possible; that is why our team is here to help. Our process is quick and effective because we want this to be as smooth and stress-free for you as possible. Our application only takes about 10 minutes; you can do it online, over the phone or in-person with one of our loan officers. Once you become pre-approved, you will meet with one of our recommended realtor partners who will assist you in finding your dream home. After your offer is accepted, our processing team will help you finish everything up, with an average close of 21 days. Give us a call or stop in today and see why DC Lending LLC is the better choice for loans and mortgages. Let us help you get a loan that you’ll love!