VA Loans
VA Loans
Are you are a veteran, member of the military or military spouse? You may qualify for a VA loan. VA Loans offer flexible options as either fixed-rate or ARM mortgages. You may qualify for fast approval and a hassle-free loan even with less than perfect credit. Refinance up to 100% of your home or buy a new home with as low as 0% down payment!
How VA Loans Work
- Fixed rate monthly payments are based on interest rate, principal loan amount and amortized interest over 15, 20 or 30 years. Your payment will not change throughout the life of the loan
- ARM interest rates are fixed for a period of 5 years. After the fixed rate period, your interest rate can adjust up or down depending on the market
- Pay your mortgage at any time without pre-payment penalties
Highlights
- As low as 0% down payment
- Loans up to $1.5 million and above available
- Cash out up to 90% LTV
- Up to 50 % DTI
- Can use entitlement many times
- No appraisal for IRRRL refinance
- No mortgage insurance
Mortgage Lending Simplified
Download the free RWM Home Loans Fluid Mobile App today and get started on your journey to homeownership.