LOAN SERVICES
VA LOANS
WHAT IS A VA LOAN?
VA Loans are backed by the U.S. Department of Veterans Affairs and provide long-term financing for eligible U.S. Veterans and active-duty Service Members. These loans are issued by federally qualified lenders and require a VA Certificate of Eligibility, which the VA determines and issues.
At 111 Lending, we assist qualified Veterans and active-duty Service Members with obtaining their VA Certificate of Eligibility and navigating the loan process.
Key benefits include:
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Zero down payment for eligible borrowers
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Available for purchase, refinance, or rehab of a primary residence
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Up to 4% of closing costs may be paid by the seller
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No monthly mortgage insurance
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Loan limits up to $484,350 with zero down (higher amounts available with additional down payment)
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Manufactured homes eligible