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There are many myths about VA loans obtained and backed by the US Department of Veteran Affairs. Make sure you know the facts and advantages of obtaining a VA loan before starting the loan origination process.
Myth #1
Veteran Administrative VA Loans (VA) are only for retired service members.
Fact #1
VA Loans can often be obtained by active service members, retired service members and under certain circumstances spouses of service members.
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Myth #2
VA loans are no better than loans which can be obtained on the private market.
Fact #2
In fact, loans backed by the Veterans Administration (VA) are often offered on better terms than conventional loans in terms of up front costs and interest rates.
First, the VA allow buyers to qualify when they may not be able to under conventional loans.
Second, VA loans are often offered at a lower interest rate which often saves the borrower thousands of dollars.
Third, VA home loans often permit loans to be obtained with a much lower down payment.
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Contact mortgage consultant Marie Bjornson to obtain a quote and start the loan process.
Envoy Mortgage
(Formerly Northern Pacific Mortgage)
Marie Bjornson, CPA, Licensed Mortgage Banker
112 Prospect Street
Bellingham, WA 98225
Map
Phone: (360) 676-9600
Fax: (360) 392-6111Securing VA Loans in Washington State for US Service members
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