VA LOANS

At LISA HOME MORTGAGE™, we understand the importance of serving those who have served us. That's why we're proud to offer VA Loans to active-duty military, veterans, and their eligible spouses. Our VA Loan program offers competitive rates and unique benefits that can help you achieve your dream of homeownership.

To qualify for a VA Loan, you must be an active-duty military member, a veteran, or an eligible spouse. You'll need a Certificate of Eligibility (COE), which we can help you obtain. The VA has specific guidelines for the length and type of service that qualifies for a COE. Additionally, you'll need a debt-to-income ratio (DTI) of no more than 60%, and a minimum credit score requirement of 550. A copy of your DD-214 is also required.

The VA Loan program offers several benefits that make it an attractive option for homebuyers. One of the most significant benefits is that you may not need a down payment, which can help you save money upfront. You can also qualify with a lower credit score and higher debt-to-income ratio than conventional loans. Additionally, VA Loans don't require private mortgage insurance, which can save you hundreds of dollars each month.

Another unique benefit of the VA Loan program is that you can use your benefit more than once. If you sell your home or pay off your mortgage, you can get another VA Loan to purchase another property. Refinancing with a VA Loan is also an excellent option for homeowners. If you currently have a VA Loan, you can refinance up to 100% of your home's value to get cash out. You may also be able to refinance up to 120% of your home's value if you don't need cash out.

At LISA HOME MORTGAGE™, we're dedicated to helping our heroes achieve their dream of homeownership. Our VA Loan program offers a competitive rate, flexible terms, and exceptional benefits that can help you save money and achieve your financial goals. Our team of mortgage experts is here to guide you through the process and answer any questions you may have. Contact us today to learn more about our VA Loan program and how we can help you achieve your homeownership dreams.