VA Loans

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VA Loans

VA Loans For Military And Veterans

If you’re active-duty military, a veteran or an eligible family member of a military veteran, you may qualify for a Veterans Affairs loan, and one of Movement’s biggest perks – waived lender’s fees*. The VA Mortgage is a government-based product offering 100% financing of the reasonable value of the property, with less restrictive qualifying terms than conventional programs.

VA Loan Specifications**

(1-4 unit, purchase, primary residence only)

30-year Minimum FICO

580 minimum FICO and maximum loan amount of $510,400; or
580 minimum FICO and maximum loan amount of $1,500,000

15-year Minimum FICO

580 minimum FICO and maximum loan amount of $1,500,000

Note: For loan amounts greater than > $510,400 the maximum loan amount must include the funding fee when financed (applies to both 15 and 30 year fixed)

Want to Refinance a VA Loan? Learn more here.

House Grants For Service Related Disabilities

Those eligible for an adapted housing grant through Veterans Affairs can get help with a service-connected disability purchase, build an adapted home or adapt an existing home to support their disability.

If you’re a military veteran looking to buy, refinance a VA loan or want to learn more about VA homeownership benefits, let us know today.

Disclaimers:

*Excludes other VA-permissible itemized charges. VA loans require a VA Funding Fee that may be financed into the loan or paid out of pocket at closing.

**In addition to the eligibility criteria outlined in the presentation that all eligible Veterans and Reservists must meet all VA income, asset, and property requirements. For loan amounts exceeding $510,400, the amount of the VA entitlement or the entitlement plus the down payment must equal 25% of the property’s reasonable value.

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