VA Loans

VA Loan:

A VA loan is a mortgage loan guaranteed by the Veterans Administration. It was created in 1944 and signed into law by President Franklin D. Roosevelt. A VA loan provides veterans and/or their surviving spouses who have not remarried, with a federally guaranteed home with zero down payment. The program has been highly successful and has helped millions of American veterans and their families acquire a home.

Advantages:

Features:

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No down payment

VA does not require private MIP

Limit on the amount of origination fees and closing costs that the lender can charge

Limit also placed on appraisal fees

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Borrower with eligibility remaining must have a Certificate of Eligibility from the VA

 

Borrowers are required to make a one-time funding fee based on loan amount and applicant’s service length.

Closing costs can be paid by the lender and the seller

Follow:

Tracie Schmidt

Producing Branch Manager

 

NMLS #269424

 

Direct: (858) 336 - 5200

 

Fax: (858) 264-1602

tracie.schmidt@supremelending.com

Branch Address:

 

1615 Murray Canyon Road Suite 1020

San Diego, CA 92108

This website is not authorized by the New York State Department of Financial Services to accept mortgage loan applications for properties located in New York.
                                   For New York applicants, please visit our New York authorized website: www.supremelending.com.


ADVERTISEMENT. EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org) 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. © 2019. This is not an offer to enter into an agreement. Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. Supreme Lending is not affiliated with any government agency. Intended for California consumers, Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License 4130655. Equal Housing Lender.. 

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