| News | VA loan information and update | General Veteran News | Specials and promotions for veterans |
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Lock in Your Low VA Rates Now! 8/5/2008 The window of opportunity may be slowly closing for veteran homeowners who are looking to reduce their monthly payments on their VA mortgages. Higher prices on many goods and services are showing that inflation may be increasing in the U.S. Interest rates may increase in the future in response to those conditions. Bond investors demand higher rates when they believe inflation is rising, since that reduces the value of interest payments from bonds. As for now, VA rates still remain attractive, and as summer approached they were below levels from twelve months ago. However, no one can be certain how long today's favorable conditions will be available. Many veteran homeowners now are eager to lock in the benefits of fixed-rate mortgage payments. If you plan on staying in your home for several years, this may be your best chance to obtain affordable payments which won't change while you live there. The VA loan specialists at LowVARates.com will show you how different home loans would fit into your budget now, so that you can make an informed choice. Affordable payments allow you to enjoy your home a little more each day. Read More |
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Benefits of Getting a VA Home Loan 7/8/2008 There are exceptional benefits in using your eligibility to obtain a VA home loan. Veteran home loans save you a great deal of money by giving you the best rates with no monthly mortgage insurance which is a huge plus! Also, it is easier to qualify for VA home lonas. The VA even offers extra benefits for disabled veterans. So if you have been disabled in service, a military loan can save you even more. The program is truly designed to give America's best an outstanding opportunity to get in the home buyer market. One of the benefits is that if you have bad credit but have been improving your credit history for the past year, you can get the same low interest rates for veteran home loans that are available to those with great credit. Even with a Loan-to-Value of 100% (which means that the loan is equal to the sales price or appraised value) there is no monthly Mortgage Insurance required for a VA home loan. The loan is quarantined by the U.S. Government so there is no insurance required. This can potentially save you hundreds on your monthly payments! VA mortgage loans are often assumable which increases the appeal to future buyers when you're ready to sell. To make things even more appealing, the VA has released a hybrid Adjust Rate Mortgage, commonly known as an "ARM". Veterans now have a choice of a Fixed rate or an Adjustable rate VA mortgage. Let the VA professionals at lowvarates.com help you decide which loan is best for you. Read More |
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Higher VA Real Estate Values 7/7/2008 It has been estimated that in about five years real estate values will be up from today's levels in 99 percent of all U.S. housing markets. This means it is the perfect time to buy a house with a VA loan. There are many reasons for people to get into the housing market today, and very few reasons not to. With the plentiful supply of homes for sale at affordable prices, intrest rates approaching 40-year lows, and the strong track record of housing as a good long-term investment, conditions are ideal for buyers using VA loans. Knowing your mortgage payments will remain affordable for years takes away a major concern many have. Let Flagship Financial Group, your VA loan specialists, show you how different financing plans would fit into your budget and you'll be ready to locate a wonderful new home for you and your family! Read More |
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Helping Veterans Get the Best Deals on VA Loans 7/7/2008 Most veterans buy a house only a few times in their life. There are many steps involved so purchasers generally don't completely understand the process. This is why it is crucial to work with professionals you can trust when buying a home. Since you can't personally find the time and develop the expertise to make sure all details are handled correctly, VA professionals at Flagship Financial Group are here to help you out. One simple thing to do is ask plenty of questions before committing to a VA loan provider. Too many consumers make a choice by asking "What's your rate?" and then choosing whoever gives the lowest answer. This is very misleading, since rates are set by the markets and not by lenders. Also, there are other crucial aspects to a loan which should be considered before signing papers. One of the first things veteran home owners should do is make sure your property type is eligible for the loan you are getting a quote on. Also, determine that you qualify for the rate. A small down payment or low credit score can alter the rate you'll receive. Look at the mortgagte's total cost as well. Closing costs and cash reserve requirements will affect your finances as much as your interest rate will. Finally, be sure that loans have the same features before comparing them. Also, remember that VA loan rates change constantly, so prices received at different times will vary. A quote you got last week may not still be available now. If you're looking at VA adjustable-rate mortgages, be sure you understand hwo your payments could change in the future. Be sure you can afford the mortgage if a "worst case" rate adjustment occurs later on. Read More |
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VA Adjustable Rate Mortgages (ARMS) Are in High Demand Across the Nation 6/11/2008 Salt Lake City, UT, June 10, 2008 --(PR.com)-- LowVARates.com, along with its approved lending partners, have gone to great lengths to assist veteran home owners in securing extremely low interest rates for the next 3 and even 5 years, while our country battles inflation, high gasoline prices and even rising food costs. Read More |
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VA, Congress is Helping Veterans 6/10/2008 A countless number of veterans and service members have recently lost their homes and many more are also facing foreclosure due to the mortgage crisis that has enveloped our country. In order to help veterans out, lawmakers are pushing legislation to raise VA loan ceilings, lower VA funding fees and expand the VA's ability to help veterans refinance loans they can't afford. Read More |
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We told you to lock in those rates 3/6/2008 In December of 2007 LowVARates.com issued a press release titled, "Veteran home owners must pull the rate lock trigger immediately." In this press release home owners were advised to quit waiting around for interest rates to go lower and to lock in their rates immediately. Currently the VA interest rate market, along with conventional and all other interest rates for that matter has risen to new highs. In summary, interest rates are climbing and there is not a real clear end in sight. Read More |
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VA Rates on the rise! 8/17/2007 Many of our approved VA lenders have reported that even though the FED has recently cut is Discount Rate by a .5%, that it has not yet affected VA rates on mortgages. "There is a HUGE MISUNDERSTANDING from homeowners almost every single time the fed cuts rates." says Nathan Burt, VA home loan specialist at Flagship Financial Read More |
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VA Loan Holders Can Now Cash Out and/or Consolidate Debts with LowVARates.com 5/11/2007 Washington, DC, May 16, 2006 --(PR.COM)-- For years there has been a major misunderstanding in the VA loan industry. It has been a common belief among VA Home Owners and Lenders that if a veteran home owner wanted to get cash out of their property, that they would have to get a 2nd mortgage or go to a conventional loan. LowVARates.com has finally dispelled this rumor. Attention Veterans, VA home owners and Lenders working with veterans! LowVARates.com is now alligned with some of the Nation's premier VA Lending Institutions. By having such partners we are proud to announce that VA-CASH-OUT loans have never been easier or a more viable solution. VA rates are historically lower than conventional rates and even though you are taking cash out of the property you are still not required to have mortgage insurance. The VA-Cash-Out loan is helping more veterans gain financial freedom than any other refinance loan on the market today. If you have a current VA mortgage, or if you are someone entitled to have a VA loan from service you had in the military, then PLEASE go to www.lowvarates.com and submit your request today for a pre approval and you will be put in touch with some of the Nation's most trusted and capable VA lenders. Read More |
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