Maryland VA Loan

If you are active duty military, a veteran or surviving spouse of a veteran, you may be eligible to get a VA home loan. Introduced back in 1944, Veterans loans have helped hundreds of thousands of people obtain the American dream of owning their own home. With most VA loans not requiring a down payment, and easy qualification criteria similar to FHA loans, taking advantage of your VA benefits may allow you to own a home as well.

What do I need to do to get a VA Loan?

The first step to getting a VA backed mortgage loan is to get a certificate of eligibility from Veterans Affairs. As your Maryland mortgage company, Secured Funding Corporation can request this for you. After you have received the certificate of eligibility, you will need to pre-qualify with us by filling out our simple online application. We will check your credit history and income just the same as all other mortgage loan programs. If you are pre-qualified, we can start the process.

What are the benefits of a VA loan in Maryland?

There are many benefits to getting a VA loan, but by far the most sought after is that there is usually no requirement for a down payment, and that there are limitations the VA sets for closing costs that make purchasing a home a much less expensive process out of pocket. Some other great benefits are that the loan is assumable (as long as the other party is qualified) and that there is no pre-payment penalty. Military Veterans that are a previous or first time home buyer may find this loan to be the easiest opportunity to purchase a home. There is also a VA streamline refinance program that allows you to later refinance to a better interest rate and lower payments quickly and easily.

Get Pre-Approved for a VA Loan Today!

Secured Funding Corporation offers VA Loans in Maryland and makes the entire process of getting a VA mortgage easy. Simply fill out our Online Application and we will contact you as soon as possible to get started.