Veterans Affairs (VA) Loan
- Seller can pay 100% of all closing costs and ALSO contribute up to another 4% to assist the veteran in qualifying. Seller can pay the funding fee in full, paying off the veteran’s debts, even a judgment, clouding title, and other items such as pre-paids to help the veteran qualify.
- Zero down or limited down payment program for Military Service Veterans and currently active Military Service personnel.
- Military Service personnel or the surviving spouses of the Veterans with VA loan eligibility.
- Eliminates the need for Mortgage Insurance
- Non-borrowing spouses are acceptable (check state requirements)
- 100% gift funds are allowed