VA Mortgage
The VA loan began in 1944 as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with no down payment.
This feature was designed to provide housing and assistance for veterans and their families, and the dream of home ownership became a reality for millions of veterans.
For more information read the overview or schedule a free mortgage consultation below.
Overview
VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy.
The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan. The guaranty replaces the protection the lender normally receives by requiring a down payment allowing you to obtain favorable financing terms.
Is Refinancing Worth The Price?
Complete an ol-line application or all our friendly Allrate Advisors at 800-818-2946 to find out if refinancing is worth the price. Our Advisors can run all the numbers you’ll need to know and answer your questions so you can easily compare your options.
What Are The Fees?
Fees are based on the type of transaction, loan amount and the credit risk. To receive a Good Faith Estimate call us at 800-818-2946 or complete an on-line application.
What is the Process?
Our process is easy. Call us at 800-818-2946 or complete our on-line mortgage application, we’ll send you a list of the documents we’ll need to complete your pre-approval and get you closed fast.
Let us help you find the right mortgage for your next real estate deal!
What You Get
When you apply for a mortgage with Allrate Funding we do our best to provide you with competitive rates, a fast approval and great service. We can also provide you with the best information available to help you get to where you want to go, based on your situation.
Competitive Mortgage Rates
Fast Approvals
Great Service
Up-To-Date Mortgage Information
Easy On-Line Application
Friendly Advisors
30 Years In Mortgages
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