VA Loans

A VA Loan is Designed to offer long-term financing to Veterans in all branches of the Military. VA Loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. It is generally easier to qualify for a VA loan than Conventional loans and requires no down payment.  Additionally, some other benefits of VA Loans are:

  • Up to 100% financing – no down payment required in most cases
  • The lowest rates
  • Lower credit scores are allowed
  • No Prepayment penalty
  • No Mortgage Insurance
  • Mortgage is assumable

Do you qualify for a VA Loan?  We will be happy to help you determine your eligibility but typically, many current and former service members qualify, including:

  • Active and retired Military personnel
  • Veterans
  • Reservists
  • Members of the National Guard
  • Qualified surviving spouses

How does the Cain Mortgage Team compare to other Lenders know for VA Loans?

We regularly compete with national companies for VA Loans with our clients.  Many other companies that have national relationships with the military have a reputation of taking care of active duty military and veterans.  However, we have found that many of those national companies have higher fees, higher rates, don’t have a local presence, and provide a lower level of service.  We charge NO FEES for VA loans and this will save you at least $1000 or more!  Additionally, some of these Lenders will charge thousands of dollars in discount fees to buy down the rate.  If you move every three to five years, it doesn’t always make sense to pay thousands of dollars in discount fees to save a few dollars per month and then sell the house in a few years.  You will never recover those funds.

We offer a more consultative approach and look at the bigger picture to make sure all decisions are made with the clients long term goals and vision in mind.  Also, when working with the Cain Mortgage Team, you become a long term client and we have a relationship that extends beyond the transaction.  With the other Lenders, you will never speak with that person again and definitely won’t have the ability to talk or text after business hours during the process.  Many times, communication has to occur after business hours and on weekends due to the nature of the transfer.  With the Cain Mortgage Team, you are a client for life!  So, if you want lower fees, better rates, a consultant who provides better advice and service with a personal touch, you are looking in the right place for your VA Loan!

 

We are located close to Fort Jackson and Shaw Air Force Base and VA Loans are one of our specialties!  On VA Loans, we charge NO FEES, can typically beat anyone’s rates, and provide UNBEATABLE service.   Although there are many companies that offer VA Loans and some that have long term relationships with the Military, it is always a great idea to shop for your VA Loan because they typically don’t offer the best terms.    Additionally, the process is significantly smoother for the client when working with a local company that provides one person to work with and is available after normal business hours.  For more information on a VA Loan, please complete the Quick Quote form to the right or call us at 803 261 9267 or click here.  We provide free consultations for VA Loans and would be happy to talk with you at your convenience!  Don’t settle for anything but the best!  Check out our 100+ 5 Star reviews on various sites and what our previous clients have said about their experience with us!

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