Veterans Affairs loans were created to help veterans, qualified military members and their families secure affordable home loans all across the country. In Nashville, VA loans are offered at a fixed-rate or adjustable rate. This makes it easier for veterans and active military members to take charge of their finances and achieve their goals.
Advantages of VA Loans for Qualified Individuals
- No Down Payment Since VA loans do not require a down payment, it gives borrowers the option to finance up to 100% of their home value.
- Relaxed Financial Guidelines VA loans are government-backed and have less restrictions for qualifying veterans and military members.
- Refinancing Made Easy Through the VA Streamline Refinance Loan Program, qualifying veterans and military personnel can easily refinance their VA loan. Plus, the refinancing options offer fewer fees, no appraisals and no income requirements.
- Lower Monthly Payments Since VA Loans are an exception to Private Mortgage Insurance (PMI), monthly payments are much lower than other mortgage programs. This makes it more affordable for veterans and active military to purchase their desired home.
VA Loans with Golden Oak Lending Nashville
As a veteran or active military member in Nashville, we believe you have earned your VA loan. At Golden Oak Lending Nashville, our lenders will guide you through your VA loan process. If you are a veteran or an active military member in the Nashville area, contact us today to start saving!