What is a VA Loan?
With your military service, the dream of home ownership is even more affordable when you select a VA Loan. With little to no money down, favorable rates and minimal fees, the VA Loan can really make a difference, especially for the first time buyer.
No appraisal fee.
BMC Keystone waives their $525 appraisal fee of on all VA loans...any time of the year.
Benefits of a VA Loan
- Little to no down payment required
- Generally lower interest rates
- Lower credit score requirements, with a minimum 580 FICO
- Limited closing costs and fees
- Two year seasoning period following a short sale
- Seller concessions such as:
- Payment of buyer's funding fee
- Prepayment of property tax
- Payoff credit card balances
- Payoff judgements