VA Loans

We appreciate the service of American men and women who have served in our armed force. One of the most valuable benefits military personnel and veteran receive is a break on their home mortgage. VA mortgages, also called direct VA loans, enable them to purchase a home with no money day.

VA Home Loan Eligibility

More than 29 million veterans and active duty personnel are eligible to take advantage of the VA Mortgage Loan program. With your VA certificate of eligibility, Joe Mortgage will guide you through the VA Home Loan process. We understand the VA loan requirements and want to help you take maximum advantage of a truly great benefit.

Advantages of the VA Loan Program

  • Little or no Down Payment
  • No Mortgage Insurance Required
  • Easier Qualifying
  • No Prepayment Penalties
  • Low Competitive

VA Streamline Refinance Mortgage, (IRRRL)

If you currently have a VA loan on your home and want to reduce your mortgage payment, the VA will allow you to streamline your existing loan with no out of pocket expenses and no income verification.

VA Cash out Refinance Mortgage

If you currently have a VA loan on your home, you may be able to pull cash out. This would depend on the amount of equity that is in your home. You could go as high as 90% of the appraised value of the home on your new VA loan.

Converting your Conventional Loan to VA

If you currently do not have a VA loan but have VA eligibility, you may convert your existing conventional loan to a VA loan. The benefits would be to take advantage of record low rates, no mortgage insurance required and to refinance to higher loan to values then non-conforming conventional loans allow. You can even take cash out up to 90% of the value of your home. Some states such as California have high balance county limits up to $1,000,000.

Call Joe Mortgage at 999-999-9999 for more information on VA loans in Scottsdale, plus our many other available loan programs.

Jane Agent

Scottsdale REALTOR®

Jane Agent

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