:: Clifton Financial Services :: A full service real estate provider

VA Mortgages

Understanding your financial needs and goals is important to us, and we are committed to securing financing that meets your needs.

Veterans Administration Financing

What is a VA Loan ?

A VA Loan is guaranteed by the Department of Veteran Affairs. It is for individuals who are retired or active duty military, and meet the VA requirements of eligibility. As an approved sponsored VA lender, we can obtain your Certificate of Eligibly for you, free of charge. If you have used your eligibility previously, and that VA loan has been paid off, we can reinstate your eligibility as well. A VA Home loan allows you to finance 100% of your home purchase (obviously the property must appraise), with no monthly mortgage insurance. This can save you thousands over the life of you loan. We are experts with VA Loans and the unique paperwork and qualifications required.

HOW DO I QUALIFY?

Up to 100% LTV Financing
Available with 600+ Credit Score
First Time Home Buyers OK
No Maximum Loan Amount
Must not Have Another Outstanding VA Loan
Must provide proof of Income and Assets
Owner Occupied Homes Only
Must meet Residual Income Guidelines based on Household Size and Locality

VA LOAN DETAILS:

No monthly Mortgage Insurance
The VA Funding Fee can be Financed into the Loan
4% of the purchase price is allowed for Seller Contributions towards closing costs
Borrower Must be VA Eligible, Certificate of Eligibility required
30 Year Fixed
15 Year Fixed
5/1 ARM
Purchase, Refinance or Cash out Refinance
See our VA IRRRL page for information on VA to VA refinances with NO appraisal
Download our VA FLYER

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