WHAT IS A VA HOME LOAN?
VA LOAN PERKS & ADVANTAGES
Take a look at the many perks of a VA Loan and talk with a TDR Representative to get your questions answered!
No Down payment
No down payment on purchases up to $417,000 in most areas.
Multiple VA Loans at Once
You can have more than one VA Loan out at one time
No Mortgage Insurance
No mortgage insurance even with no down payment
100% Value Refinance
With a VA Loan you can refinance up to 100% of the home value
Low Interest Rates
Low interest rates even if you have poor credit and high debt
No Prepayment Penalty
Borrowers can pay off loan at any point without a pre-payment penalty
No Closing Cost
Closing cost paid by seller if negotiated and agreed upon