Northern Mortgage
WHAT IS A V.A. LOAN?
HELPING YOU AND YOUR FAMILY FIND A FOREVER HOME.
AT A GLANCE:
The VA Loan provides veterans with a federally-guaranteed home loan which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.
A VA loan may also have reduced closing costs and no prepayment penalties. Additionally, there are services that may be offered to veterans in danger of defaulting on their loans.
WHAT ARE THE BENEFITS OF A VA LOAN?
- Little or no down payment for purchase
- Lower interest rates
- Reduced closing costs
- No requirements for Private Mortgage Insurance
- Lifetime eligibility, including refinances
How do VA Loans work?
The VA Loan, federally backed by the Department of Veterans Affairs, provides veterans with a home loan with no down payment requirement. This program was designed to provide housing and assistance for veterans and their families.
VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties. Additionally, there are services that may be offered to veterans in danger of defaulting on their loans.
VA home loans are available to military personal that have served:
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- 181 days during peacetime
- 90 days during war
- 6 years in the Reserve or National Guard
- 2 years on Active Duty.
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The spouse of a serviceman either killed or missing in action is also eligible.
WHAT’S THE NEXT STEP?
Before you begin shopping for homes, contact a Loan Officer!
A licensed loan officer will help you obtain a Certificate of Eligibility (CoE) to move forward with a VA loan. Even if you’re not ready to buy today, they’ll give you the information and resources you need to move forward with confidence.
* No guarantees or offers to lend implied. Contact a licensed loan officer for additional details or to determine eligibility.
WHAT’S THE NEXT STEP?
Before you begin shopping for homes, contact a Loan Officer!
A licensed loan officer will help you obtain a Certificate of Eligibility (CoE) to move forward with a VA loan. Even if you’re not ready to buy today, they’ll give you the information and resources you need to move forward with confidence.
* No guarantees or offers to lend implied. Contact a licensed loan officer for additional details or to determine eligibility.
Our New England LOAN OFFICERs
Reviews you can trust.
Real People. Real Results
What a GREAT experience! Todd and the rest of the staff were fast, reliable, and very pleasant to work with. I would recommend them to anyone and will use them again in the future!
Our counter offer was accepted! Thank you, Russ, for helping us get pre-approved so quickly; we couldn't have done this without you!
I worked with Todd to purchase my first home and I couldn't be happier with the experience. He was accommodating, efficient, and genuine! Thank you, Todd!
Northern Mortgage
new england
contact & Connect
(413) 241-6940
(616) 829-5941
1 SOUTH END BRIDGE CIRCLE, UNIT A, AGAWAM, MASSACHUSETTS 01001
Hours
Monday-Friday: 8:30am - 5:30pm or by Appointment