Which Banks Will Accept VA Loans - PowerPoint PPT Presentation

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Which Banks Will Accept VA Loans

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"Jimmy Vercellino, VA Loan Specialist helps veterans obtain the loans they are entitled to. He served in the United States Marine Corps, and now devotes himself to the Veteran home buyer in the Phoenix area, fulfilling a passion of his while at the same time helping others achieve home ownership. Be a proud homeowner today. For more details call 480-351-5904 or visit the site VA Loans for Vets 7702 E. Doubletree Ranch Road, Suite 220 Scottsdale, AZ 85258 Phone: (480) 351-5904 Email: jimmyv@fcbmtg.com" – PowerPoint PPT presentation

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Title: Which Banks Will Accept VA Loans


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  • WHICH BANKS WILL ACCEPT

VA LOANS?
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  • People who are currently serving or have served
    in the United States military have made great
    sacrifices for our country.

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  • Military personnel try their hardest to make sure
    we are kept safe. Some spend countless days,
    weeks and months away from their families.

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  • All of this because we are the Land of the Free
    and the Home of the Brave. Their dedication to
    our country should be rewarded.

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  • One way that these brave young men and women can
    benefit for serving in the military is through a
    VA loan.

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  • A VA (Veterans Affairs) loan is a type of loan
    that is supported by the United States
    government.
  • You can use this loan as many times as you wish
    as long as the prior loan is paid.

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  • One of the biggest advantages of a VA loan is
    that you are not required to put down any money.
  • The terms are flexible and they could help
    veterans gain home ownership.

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  • Private mortgage insurance is not required and
    they offer very competitive interest rates.
  • This is the perfect type of home loan for
    military members or veterans. However, it is
    important to be prepared before you pursue a VA
    loan.

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  • For example, being knowledgeable of the banks
    offering VA loans is extremely helpful.
  • And to make the process easier the following list
    is composed of reputable banks that do provide
  • VA loans.

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1
BANK OF AMERICA
This bank offers 100 financing and flexible
qualifications.
You can get a fixed rate with a 15 or 30-year
life.
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2
US BANK
With a VA loan from US Bank, you have a minimal
down payment possibly even no down payment.
You can prequalify online and then follow up by
scheduling a face-to-face meeting with a loan
specialist.
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3
USAA BANK
This bank was founded by military people so they
understand the military.
They offer low rates, no down payment, and the
closing costs can be rolled into the loan.
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4
SUNTRUST
This bank underwrites its own VA loans.
You can apply easily on the website and you can
choose a fixed or an adjustable rate.
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5
CHASE
Chase bank offers numerous benefits for military
personnel.
One of the advantages is a VA loan which can be
for 10, 15, 25, or 30 years.
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6
ARMED FORCES BANK
It naturally makes sense that the Armed Forces
Bank offers VA loans.
With this loan, if you receive Basic Allowance
for Quarters, you will use the allowance to pay
for partial or all of the monthly payments.
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7
Wells Fargo
This bank offers VA loans to military. You can
get prequalified on the website.
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In order to qualify for a VA loan
You must have served 90 consecutive days during
wartime or 181 days during peacetime.
You can also qualify if you have spent 6 years in
the National Guard or reserves or if you are the
spouse of a military member who dies in the line
of duty.
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In order to receive a VA loan, you will be
required to provide a Certificate of Eligibility
(COE) from the VA.
If you are looking for a new mortgage and have
served in the military, a VA loan is probably
right for you.
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Mortgage Originator Jimmy Vercellino,
specializing in VA loans, helps veterans use
their VA loan benefit to their greatest advantage.
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Be a proud homeowner today. For more details
call 480-351-5904 or visit the site
www.valoansforvets.com
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VA Loans for Vets 7600 E. Doubletree Ranch Road
200 Scottsdale, AZ 85258 Phone (480)
351-5904 Email jimmyv_at_fcbmtg.com
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