Veterans Administration Loans

Thank you veterans for your service to our country. You all performed a selfless act which we will be forever grateful.

Details of a Veterans Administration Loan:

• Maximum loan at 100% is $417,000 (if the verteran has full eligibility)
• No Down Payment required
• Funding fee is 2.15% of loan amount for the first time user and 3.3% of the loan amount for the subsequent user
• Veterans pay only allowable fees. The non-allowable fees are paid by the seller (title company, escrow fee, doc prep, courier & lender fees)
• Veteran must occupy the property within 60 days
• Only a spouse can be a co-mortgagor with a veteran
• If the veteran is married joint credit must be pulled
• Power of Attorney is acceptable, but it must be VA specific
• Seller can contribute up to 6% of closing costs
  

God bless our troop here and abroad!

Honoring Our Veterans

God Bless Our Troops, here and Abroad

A veteran is someone who, at one point in his life,
wrote a blank check
made payable to his country for an amount of
'up to and including my life'.

The Origins of Veteran’s Day

In 1921, an unknown World War I American soldier was buried in Arlington National Cemetery. This site, on a hillside overlooking the Potomac River and the city of Washington, D.C., became the focal point of reverence for American’s veterans.

Similar ceremonies occurred earlier in England and France, where an unknown soldier was buried in each nation’s highest place of honor. These memorial gestures all took place on November 11, giving universal recognition to the celebrated ending of World War I fighting at 11 a.m., November 11, 1918. (The eleventh hour of the eleventh day of the eleventh month). The day became known as Armistice Day. Later in Birmingham, Alabama, in 1947, Raymond Weeks organized at “National Veterans Day” which included festivities honoring all Veterans. President Eisenhower signed a proclamation in 1954 proclaiming November 11th as Veteran’s Day.