VA Loans

VA (Veterans Administration) Loans

For certain qualified home buyers, an FHA (Federal Home Administration) or VA (Veterans Administration) backed loan can be a great way to afford to purchase or refinance a home. Direct Finance Corp. is an experienced arranger for both FHA and VA loans.

Veterans of United States military service, active duty military, certain Reservists and National Guard members, and certain surviving spouses may be eligible for a home mortgage program that is backed by the federal government through the Veterans Administration (VA). A VA loan can be arranged through a mortgage broker like Direct Finance Corp.

For certain qualified home buyers, an FHA (Federal Home Administration) or VA (Veterans Administration) backed loan can be a great way to afford to purchase or refinance a home. Direct Finance Corp. is an experienced arranger for both FHA and VA loans.

Some of the advantages offered by a VA home loan include:

  • No down payment (as long as the sale price does not exceed the appraised value)
  • No annual mortgage insurance required
  • Closing costs may be paid by the seller
  • No penalty for early payoff of the loan
  • You do not have to be a first time homebuyer
  • You can re-use the VA benefit for future mortgages
  • VA-backed loans are assumable so long as the person assuming the loan qualifies

Direct Finance Corp. is a mortgage broker that has completed thousands of FHA and VA mortgage loans in Massachusetts, New Hampshire, Maine, and Rhode Island. We find the key to a smooth and successful mortgage transaction is organization and communication. We help each of our clients to be well prepared, to gather the necessary documentation, and to understand the mortgage application process.

Let us help you find the right mortgage today. Call Direct Finance Corp. at 877-499-7283 or complete our convenient online request form.

VA Loans

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