Va loans by supreme lending
Your journey to home sweet home begins here.
VA Home Loans
Some Veterans are unaware of the VA Home Loan Program and its perks. Almost all Veterans are eligible for VA Loans, and even those who have already utilized their loan benefits or entitlement may still be qualified to buy a house using their remaining or restored VA entitlement.
Many of our VA transactions are completed in less than 28* days. Our aim is to offer you the knowledge you require to get a competitive advantage in today’s housing market.
*Data Based on Supreme Lending’s 2022 closing time performance.
VA Loan Advantages
- Little to no down payment for any loan amount
- 100% gift allowed for down payment and closing costs
- VA does not require monthly private mortgage insurance
- VA Interest Rate Reduction Refinance Loans available
- No pre-payment penalties
- Fast turn times
- Flexible qualifying criteria
- Past foreclosures, short sales or bankruptcies may be acceptable
What are the eligibility requirements?
- 2 Years on active duty
- 6 Years of Reserves or National Guard duty
- 90 Days of wartime duty
- 181 Days of peacetime duty
- POW’s held in captivity for 90 days or more
- A widowed spouse (not remarried) of a Veteran who died while in service or from a service-connected disability, or a spouse of a service person missing in action or prisoner of war.
Documents Needed
- DD-214 Form OR Certificate of Eligibility from the VA office (if not available we can request this for you)
- Most recent pay stubs or LES covering the last 30 days
- 1099’s, W2’s and Federal Tax Returns for the past two years
- Award letter for any disability, retirement, military pay or pension income received
- Two months of statements from any bank, brokerage, TSP or retirement account you will be using for the purchase of a home
At Supreme Lending, we appreciate your service!