VA Loans
More than 29 million veterans and service personnel are eligible for VA financing. Even if you have already used your VA loan benefits, it may be possible to buy homes again with VA financing using your remaining or restored loan entitlement.

VA loans are often made without a down payment, and frequently offer lower interest rates than conventional-type mortgages. Aside from the veteran's certificate of eligibility and the VA-assigned appraisal, the application process is not much different than any other type of mortgage loan.

Other benefits offered by VA financing include: loan maximum up to 100% of the VA-established reasonable value of the property, no monthly mortgage insurance premium to pay, limitation on buyer closing costs, as well as the right to prepay the loan with no penalty.

VA loans are made by an approved lender, with the VA actually guaranteeing the loan to protect the lender against loss if the payments are not made. VA loans are intended to encourage the lender to offer veterans loans with more favorable terms.

HomeServices Lending is an approved lender for VA financing. Our representatives can assist you with the application process. HomeServices Lending can also counsel you regarding the other special financing programs we offer. Contact us today to help you identify the loan program that best suits your needs!

In conjunction with HomeServices Lending , Semonin REALTORS offers a step-by-step outline of the home-buying process, which includes obtaining financing for the home of your dreams. We also offer some financing tips to help you along in the process.