VA loans are great loans guaranteed by the Veterans Administration and are offered to qualified veterans.
The advantages of VA loans are no down payment is required for the loan and the rates are similar to those of FHA loans.
In addition, VA does not charge any annual mortgage insurance on the loans and therefore, these are cheaper loans compared to FHA loans.
VA loans also allows them to refinance the loans with or without cash out.
VA loans permits higher loan limits with additional limits.
For more information contact us today (410) 715-4567