{"id":10,"date":"2012-04-21T18:48:52","date_gmt":"2012-04-21T18:48:52","guid":{"rendered":"http:\/\/governmentloanpros.com\/washington\/?page_id=10"},"modified":"2012-04-21T18:48:52","modified_gmt":"2012-04-21T18:48:52","slug":"va-home-loans-va-lender","status":"publish","type":"page","link":"https:\/\/governmentloanpros.com\/washington\/va-home-loans-va-lender\/","title":{"rendered":"VA Home Loans"},"content":{"rendered":"<p><strong>Washington VA Home Loans\u00a0<\/strong><\/p>\n<p><strong>VA Loans<\/strong> are a\u00a0popular VA Benefit of Military Service utilized to buy and refinance homes in Washington.\u00a0\u00a0 VA Loans require ZERO down payment up to the county VA Loan Limit, and require NO Monthly Mortgage Insurance.\u00a0\u00a0 VA Loans are also forgiving in regards to Credit Scores, Loans after Bankruptcy, Loans after Foreclosure and Loans after Short Sale.\u00a0\u00a0 In King, Snohomish, and Pierce counties, the 2015 VA Loan Limit is $517,500,\u00a0 all other counties are at $417K.<\/p>\n<p>VA Guaranteed Home Loans are made by private lenders.\u00a0\u00a0 The VA, ie the U.S. Department of Veteran Affairs\u00a0guarantees VA loans for eligible Washington Veterans to purchase a Single Family Home, Condominium, \u00a0or 2-4 unit multi-family home. \u00a0\u00a0The VA guaranty protects the Lender against loss if the Veteran fails to repay the loan due to hardship. \u00a0 No down payment is required on most VA guaranteed home loans and the Veteran borrower usually receives a competitive interest rate compared with conventional loans.<\/p>\n<p><strong>Here are some of the benefits with VA loans for Washington Veterans<\/strong>:<\/p>\n<ul>\n<li>100% VA Purchase Loan up to $517,500 in Washington for 2015<\/li>\n<li>Zero down payment required \u2013 up to the Washington VA Loan Limit $517,500 in certain High Cost Counties such as King, Snohomish and Pierce county WA<\/li>\n<li>Closing costs are typically lower than conventional or FHA Loans<\/li>\n<li>NO PMI, MIP, or Mortgage Insurance<\/li>\n<li>No Prepayment Penalties<\/li>\n<li>Competitive fixed interest rates<\/li>\n<li>VA loans can be used to purchase Condo\u2019s, Single Family Homes, Townhomes, \u00a0Row Homes, PUD&#8217;s, &amp; \u00a02-4 Units<\/li>\n<\/ul>\n<p><strong>VA Loans After Financial Hardship:<\/strong><\/p>\n<ul>\n<li>VA Loans available in as little as 2 yrs after Bankruptcy Discharge<\/li>\n<li>VA Loans available in as little as 2 yrs after Foreclosure<\/li>\n<li>VA Loans available in as little as 2 yrs after Short Sale<\/li>\n<li>VA Loans after a short sale with NO late payments available sooner! \u00a0Call to see if you qualify<\/li>\n<\/ul>\n<p><strong>VA Jumbo Loans<\/strong><\/p>\n<ul>\n<li>VA Jumbo Loans allow higher 100% financing for VA Loans &#8211; Up to $517,500 in certain Washington High Cost Counties<\/li>\n<li>You can <a href=\"http:\/\/governmentloanpros.blogspot.com\/2009\/04\/va-myth-va-loans-are-only-available-to.html\">exceed the\u00a0county VA loan limits<\/a>\u00a0by contributing a down payment (usually smaller than what is required on conventional or FHA Loans) \u00a0(also a great option for VA Jumbo Refinances)<\/li>\n<li>More\u00a0<a href=\"http:\/\/governmentloanpros.com\/valoans\/va-jumbo-loans\/\" target=\"_blank\" rel=\"noopener\">VA Jumbo Loan<\/a>\u00a0info here.<\/li>\n<li>VA Jumbo loans can be used to purchase Condo\u2019s, Single Family Homes, Townhomes, PUD&#8217;s, &amp; \u00a02-4 Units<\/li>\n<\/ul>\n<p><strong>VA IRRRL Streamline Refinance Info for Washington:<\/strong><\/p>\n<ul>\n<li>Washington VA IRRRL Streamlines &#8211; available to lower your interest rate without income verification<\/li>\n<li>VA IRRRL Streamline Refinances are available for Non-Owner, Investment, or Rental Homes<\/li>\n<li>Our VA Jumbo IRRRL Streamline Refinances can exceed your County VA Loan Limit.<\/li>\n<\/ul>\n<p>Check out the\u00a0<a title=\"California VA Loan LImits by County for 2015\" href=\"http:\/\/www.vandykfunding.com\/washington-va-loan-limits-2015\" target=\"_blank\" rel=\"noopener\">Washington County VA Loan Limits<\/a><\/p>\n<p>VA Loans do not require mortgage insurance; however the VA requires a funding fee to issue a guarantee to a private lender against future VA borrower default on a mortgage.\u00a0\u00a0\u00a0\u00a0 The VA Funding Fee can be Financed into the loan (typical) or paid in cash by the buyer or seller.<\/p>\n<p><strong><em>Veterans with a 10% or higher VA Disability Rating are EXEMPT from the VA Funding Fee<\/em><\/strong> \u2013 please ask to see if you qualify.<\/p>\n<p>VA loans can be used to buy a Home, refinance your home, consolidate debts, or just lower your interest rate.<\/p>\n<p>VA Loans do require a \u00a0Certificate of Eligibility from the VA. \u00a0which must be obtained to qualify for a\u00a0VA loan.<\/p>\n<p>Call us to get started, we can help you attain your VA Certificate of Eligibility and get Pre-approved for your VA Loan.\u00a0\u00a0 866-900-2342 Toll Free Direct or apply online\u00a0<em><strong><a title=\"Get Started Here:\" href=\"http:\/\/governmentloanpros.com\/washington\/get-started-here\/\" target=\"_blank\" rel=\"noopener\">GET STARTED HERE<\/a>\u00a0.<\/strong><\/em><\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Washington VA Home Loans\u00a0 VA Loans are a\u00a0popular VA Benefit of Military Service utilized to buy and refinance homes in Washington.\u00a0\u00a0 VA Loans require ZERO down payment up to the county VA Loan Limit, and require NO Monthly Mortgage Insurance.\u00a0\u00a0 VA Loans are also forgiving in regards to Credit Scores, Loans after Bankruptcy, Loans after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-10","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with 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