Your Service. Our Honor.
VA loans are the most powerful loan programs available and are reserved exclusively for veterans and active-duty service members. Cambria Mortgage considers it an honor to help vets get the benefits they’ve earned with their service to our country. Read on for more information on the exclusive benefits of a VA loan.
What is a VA Loan?
Backed by the U.S. Department of Veterans Affairs (VA), the VA home loan program is designed to make home ownership easy and affordable. VA home loans can be used for the purchase of a primary residence, such as a single-family home, loft, or condominium. If you do a cash-out refinance on an existing VA or non-VA mortgage, you can use the proceeds for any purpose, including improving a primary residence. The VA loan program offers many exclusive benefits, low closing costs, competitive interest rates, and more. No savings for a down payment? No problem. One of the greatest benefits of the VA home loan program is that it doesn’t require a down payment, allowing many individuals the opportunity to purchase homes when they normally couldn’t under a traditional mortgage. VA home loans also don’t require private mortgage insurance.
Who is Eligible?
To qualify for a VA home loan, an individual must meet at least one of the following criteria:
- Served 90 consecutive days of active service during wartime
- Served 181 days of active service during peacetime
- Served more than six years in the National Guard or Reserves
- Be a spouse of a service member who died in the line of duty or as the result of a service-related disability
Why Work with Cambria Mortgage?
Our VA loan experts will help you obtain a certificate of eligibility from the U.S. Department of Veterans Affairs and determine whether a VA home loan is right for you. Once you’ve received a quote, your Cambria Mortgage loan officer can explain your loan limit, loan terms and other key facts, answer any questions, and help you make the right decision. As a special thank you, Cambria Mortgage will waive the $450 appraisal fee for any loan closed with us. Cambria Mortgage is proud to help you get the VA loan - and home - you worked so hard to earn with your service to our country.
Call Cambria Mortgage
To get started, call Cambria® Mortgage™ at 952-942-0110 today or visit CambriaMortgage.comOur team of experts will provide personal, hometown service with sound advice and impeccable attention to detail at every step of the process.