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Veterans Administration Loans - Buy VA

Moving to Fort Lewis or McChord AFB?

If you are considering buying a home near Fort Lewis or McChord AFB, you may want to consider a VA Loan as an option.

VA loans feature a true 100% financing, no money down option for active duty and veterans with honorable discharge from military service. There is no specific FICO (credit) score required! The borrower must simply be able to demonstrate the ability to make the monthly payment.

VA loans also feature low 30 year fixed interest rates and there is NO monthly mortgage insurance payments required; a feature that FHA does no afford the borrower.

The current VA loan limit is $417,000. While multi-family loans are available, they require the borrower to show one year of rental management experience.

source: PCBank

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The Trey Affolter Team, Keller Williams Realty, always welcomes comments and is available to answer questions about Real Estate near Fort Lewis, McChord AFG, and the surrounding cities within Pierce County Real Estate, South King County Real Estate, and North Thurston County Real Estate.  

253-222-6000

http://www.TreySellsHouses.com
Your Tacoma Real Estate Professional
Brings HOME Results!
 
Trey Affolter   *   Realtor   *   253-222-6000   *   treyaffolter@kw.com
Posted by Trey Affolter on May 25th, 2009 8:37 AMPost a Comment (0)
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