How New American Funding Serves Veterans
We value and appreciate those who have served, which is why New American Funding VA Home Loans are designed to make homeownership a reality for veterans and their families. There are many options available for retired members, active duty, and spouses of a member. Call New American Funding today to learn more.
New American Funding's VA Home Loans are designed to make the dream of home ownership a reality for millions of veterans and their families. We are proud to help veterans achieve home ownership and to provide educational resources on the VA home loan process.
What are the benefits? You don't need to have a perfect credit to qualify for a VA loan. VA loans generally offer interest rates lower than conventional loans but require payment of the VA funding fee. The funding fee can be rolled into the entire loan amount, and the total loan with the funding fee cannot exceed your appraised value. If you already have a VA Home loan, you may qualify for a cash-out refinance, get cash out to pay off debt, upgrade your home, or simply get cash for any reason. For retired members of the US. Military or active duty, a VA Home loan offers significant benefits when financing a new home or refinancing your current one.
Who is eligible? VA loan qualifications typically require one of the following - 90 days of service during war time, 181 continuous days of active service during peace time, six or more years of service in the National Guard or Reserves, being the unmarried surviving spouse of a service member who died in the line of duty or because of a service-related disability. To find out more about VA home loans from New American Funding, contact us today.