VA Loans – HUNT Mortgage

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2018 VA Loans: Total VA loan volume for fiscal year 2018 as reported by the Department of veterans affairs (va home Purchase, VA Interest Rate Reduction Refinance, VA Cash-Out Refinance). % VA Volume: Percentage of lender’s total loan volume which is comprised of VA Loans, determined from product mix data found under Lender Search located here.

Compare VA Loan rates. Most active-duty military and veterans qualify for VA mortgages. Compare rates today and lock in your rate.

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The VA does not approve of second mortgages that prevent the borrower from selling the home or having the loan assumed. VA regulations allow the home to be sold or have the loan assumed by any credit-worthy buyer; the rule of thumb here is that the second mortgage shouldn’t restrict the owner from selling any more than VA rules covering the first mortgage.

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To refinance an existing VA-guaranteed or direct loan for the purpose of a lower interest rate To refinance an existing mortgage loan or other indebtedness secured by a lien of record on a residence owned and occupied by the veteran as a home Eligibility Requirements for VA Home Loans

How VA Home Loans Work Fixed rate monthly payments are based on interest rate, principal loan amount and amortized interest over 15, 20 or 30 years. Your payment will not change throughout the life of the loan Pay your mortgage at any time without pre-payment penalties

The VA Loan requires no down payment, making it the most popular choice for loan programs among our Nation’s past and present Military. Term of Loan. VA Home Loans are available in 15- and 30-year terms. The most popular term for a VA Home Loan is 30-years because it lowers the payments substantially.

VA Streamline Refinance with a reduced funding fee and flexible documentation requirements – available for veterans currently with VA loans; If eligible, buy a home with no money down (primary home) No monthly PMI (Private Mortgage Insurance) VA loans are guaranteed by the U.S. Department of Veterans Affairs; How VA Home loans work. fixed.

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