Delaware VA Loan – Are you eligible?
September 23rd, 2007 by John Thomas
If you are looking for a 100% financing in one loan, then nothing beats a Veterans administration loan, commonly referred to as a VA loan. The VA loan doesn’t have monthly PMI added on to the payment, which makes it usually the cheapest loan for overall payment.
The first step for applying for a Delaware VA loan is to determine if you are eligible, just go to Veterans Administration Wesite
Once you have determined you are eligible, in order to apply for a VA loan you need an eligibility certificate. If you need to get a certificate the Form you must fill out is Form 26-1880, this form can be found on the Veterans administration website, go to this link http://www.va.gov/vaforms/
If you would like more information on obtaining a VA loan for a purchase or a refinance in Delaware or Maryland, please feel free to call me at 302-368-7132 Ext. 12.
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years. Call me at 302-703-0727