QUESTIONS?

CALL US: 703-319-2198


VA Loan Advantage

Published on Mar 06, 2023 | VA Low Score VA LOAN manual underwrite Low Credit Score Credit Score down to 500
VA Loan Advantage
VA Loan Advantage

Explore the advantages of the VA Loan program.  The VA Loan program is one of the most flexible loan programs available in today’s market and is specifically designed for Active Duty, Veterans and Surviving Spouses.  Some of the many benefits for eligible borrowers include the following:

 

 

  • Up to 100% Financing
  • High seller contributions allowed for purchases thereby, minimizing required funds
  • Minimal savings requirements
  • Credit Scores down to the low 500s
  • Flexible credit review
  • Derogatory items outside of 12 months do not automatically have to be paid off.
  • Your loan will be underwritten by real people (manual underwrite) and not a delegated underwriting module that renders a final decision.
  • Attractive fixed rates


Click here to read more about the benefits of this great program, see how to qualify and get a free quote.

 

George H. Omilan
President-CEO - NMLS# 873983
Jefferson Mortgage Group LLC - Mortgage Specialist

Programs:  Traditional QM (Fannie Mae, Freddie Mac), government insured HECM Reverse Mortgages, and Non Traditional Non QM Mortgages commonly referred to as Specialized Forward Mortgages including “Alt-A Investor loans” at 80% LTV, both Full doc and No Income-No Employment (No Doc) for the investor community. Our expanded niche products also focus on the more traditional FHA & VA with Lower Score and higher Debt-to-Income Options, Fixed & Variable Jumbo loans, and Private Label Reverse mortgages for higher priced homes. We are also highly focused on specialized loans for the Self-Employed borrowers with our Bank Statement & Asset Dissipation Programs. We are committed to offering a full range of “Non-QM Loans” for expanded qualification, where the banks and large-scale lenders dare to go.

 

Recent Posts

Blog Tags

Reverse Mortgage HECM Reverse Mortgage Retirement Planning supplemental retirement income Seniors Retirement security Financial Planning Short Sales Age in Place lifetime income with a Reverse Traditional Mortgage Home Care Government insured mortgage Retirement income insecurity HECM for Purchase Jumbo Reverse Mortgage solutions for underwater properties home equity access Long Term Care reverse credit line Social Security Annuity Financial Assessments forgiven mortgage debt mortgage Inflation Eligibility for Reverse Mortgage Specialized Forward Mortgages Mortgage Loan Process mortgage debt forgiveness act foreclosure cashflow Debt Mitigation FHA 55+ Reverse to Purchase Mortgage Loan modification Investor Loans Real Estate Investment Loans self-employed borrower VA LOAN Non QM HUD private label reverse mortgage Housing Market investor financing No Doc Investor Loans VA Low Score Real Estate Market Jefferson Mortgage Group bank statement loan QM HECM Changes Interest Rates LESA High-Value Homes Medicare Mortgage Rates Sandwich Generation downsizing HELOC Construction Loan Fed Real Estate Economy 2023 changes growth factor DSCR 2025 changes Hard Money Loan Lending Limit increase Non-recourse loan modify your loan with your lender mortgage debt relief act Mortgage Deliquency Fiscal Cliff Business Cash-flow Senior Advocate HECM to Purchase mortgage debt Reverse Mortgage Eligibility Low Credit Score manual underwrite bankruptcy MIP Unrestricted Approval Trump Principal Limit Factor success story Debt Treasury Commercial Real Estate 2021 Changes Property-based loan occupancy requirements Asset Qualifer FINRA Housing Prices assisted living LLC Asset Based Mortgage ATR Rule Jumbo Reverse Second Trust Blanket Loan Seller Contribution Estate Plan Senior Care Diversification Credit Score down to 500 Second Trust Gray Divorce Jumbo Mortgage Loan Rentership Non-Qualifying Loan Second Trust Prequalification