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Home loans from Security America can offer a few key benefits.
Since the VA guarantees the lender the top 25 percent of the loan, no mortgage insurance is required. Most conventional loans require a borrower to put down at least 20 percent of the purchase price or pay mortgage insurance. Mortgage insurance can be costly and does not ever go towards reducing your principal balance.
Because the Department of Veteran Affairs guarantees each loan, interest rates are typically 0.25 to 1 percent lower than those of conventional loans.
Saving enough money for a down payment can be especially difficult for active duty service members who are moving from base to base. Since there is no down payment required for a VA Home Loan, many veterans can purchase a home with little to no money out of pocket.
Our team here at Security America Mortgage are experts when it comes to helping veterans obtain VA Home Loans. If you’re ready to get started today contact us at (855) 701-2816 or complete the simple form above and one of our mortgage specialists will contact you shortly. We look forward to working with you!
We are dedicated to
serving Those who served.
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All rights reserved. Security America Mortgage is licensed under the terms
of the Nationwide Mortgage Licensing System and Registry NMLS® 355253
https://nmlsconsumeraccess.org/