Serving our country is commendable and those individuals who do so should be allotted certain privileges. In turn, the government has made the home buying or refinancing process trouble-free for VA loan:
Available to active military members, veterans and qualified surviving spouses.No down payment (for qualified borrowers).
No Mortgage Insurance required (for qualified borrowers).
Low VA Loan rates, because all loans are insured by the federal government.
Free counseling available from the VA in case of financial difficulties.
Refinancing is easy as you can refinance up to 100% of your loans value.
You can use your VA benefits more than once.
With all new home purchases an “escape clause” is required as safety margin for the VA loan applicant. This clause protects the buyer from being obligated to a VA mortgage loan when the appraised value of the home doesn’t match the selling price.
For those veterans looking at an IRRRL (Interest Rate Reduction Refinance Loan) refinance, if you have a credit score of 660 or higher an appraisal may not be required.
5280 Financial Group, Inc. can help you make the most of your VA Loan benefits. We have gone to great lengths to ensure the VA loan process is straightforward and swift. Make the most of your government benefits, and with interest rates at close to an all time low, NOW is the time to buy or refinance.
Contact 5280 Financial Group, Inc. at (303) 634-2271 or complete the online application and let our expert team guide you through the VA Loan process.
Our Mortgage Process
Our Mortgage Process
With every client, we strive to make this your best mortgage experience through a seamlessly easy mortgage process and exceptional customer service.You will be greeted by a live person when you call.
You will be given multiple loan options when disusing your options.
We will give you proactive updates on the status of your mortgage every Tuesday and Friday.
Communication is BIG with us.
Our goal is to be your Go-To-Lender. Your mortgage consultant will be there to answer any of your questions and guide you through every step of the mortgage process. Your convenience is our priority.
Information needed for a fast closing:Last 2 pay stubs from each job.
If self-employed or 1099 income, we will need the last 2 years Tax Returns (all schedules).
Last 2 months checking, savings and or investment account statements (this will be determined at the time of pre-approval).
Homeowner’s insurance information.
HOA information (if you have an HOA).
Copy of divorce decree and bankruptcy papers (if applicable).
Final purchase agreement(s) and listing sheet (if applicable).
If self-employed ask your mortgage consultant for requirements.
Certification of Eligibility or DD214’s (VA only).
Address of other real estate owned.
Have Questions? You can call us or send us an email.