VA Home Loan Programs
VA guarantees part of your loan-which helps you
to get a VA loan featuring:
No down payment (unless required by the lender
or the purchase price exceeds the reasonable
value as determined by VA); and Competitive
interest rate and the flexibility of negotiating
interest rates with the lender;
Assurance that you can pay off all or part of the
loan in advance without penalty.
VA appraises the house to determine its
reasonable value in the housing market at the
time the appraisal is made.
VA requires compliance inspections in most cases
on proposed new construction to see that the
house:
Meets accepted standards of good construction.
Conforms to the plans and specifications on
which VA's appraisal is based.
VA will try to assist you in getting your builder to
correct any defects about which you may have
valid complaints.
VA guarantees part of your loan-which helps you
to get a VA loan featuring:
No down payment (unless required by the lender
or the purchase price exceeds the reasonable
value as determined by VA); and Competitive
interest rate and the flexibility of negotiating
interest rates with the lender;
Assurance that you can pay off all or part of the
loan in advance without penalty.
VA appraises the house to determine its
reasonable value in the housing market at the
time the appraisal is made.
VA requires compliance inspections in most cases
on proposed new construction to see that the
house:
Meets accepted standards of good construction.
Conforms to the plans and specifications on
which VA's appraisal is based.
VA will try to assist you in getting your builder to
correct any defects about which you may have
valid complaints.
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