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VA Loan Details

Loan Lock take immense pride in offering the VA Loan Program

Discover the warmth of VA Home Loans with LoanLock. Zero down payment, low rates, and easy approval.

Pre-approval Letter

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First-Time Home Buyer

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Home Purchase Loan

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Refinance my Home

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Lower my Interest Rate

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Reverse Mortgage

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Construction Loan

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Benefits of VA Loans with LoanLock

LoanLock's VA Perks

At LoanLock, we take immense pride in offering the VA Loan Program, a specially designed mortgage option that caters to the needs of our deserving veterans and active-duty service members. Let's dive into the VA Loan Program's concepts, benefits, and guidelines, all with easy underwriting, to ensure that you're well-informed and empowered in your homeownership journey.

Who is Eligible for VA Loan Programs?

The VA Application Process

Key Benefits of VA Loan Programs

Points to Consider for VA Loan Programs

Myths and Misconceptions of VA Loans

Underwriting Guidelines for VA Loan Programs

1Veterans, active-duty service members, National Guard members, and reservists.

2Surviving spouses of service members who died in the line of duty or because of a service-related disability.

3Service requirements vary but generally entail 90 days in a row during wartime or 181 days during peacetime.

Purchase Loans

VA Purchase Loans for buying a home.

Streamline Refinance

VA Streamline Refinance (IRRRL) for refinancing an existing VA loan.

Cash-Out Refinance

VA Cash-Out Refinance for refinancing a non-VA loan into a VA loan and taking cash out.

EE Mortgages

VA Energy Efficient Mortgages (EEMs) for financing energy efficiency improvements.

View All Loan Programs

Difference Between VA and Conventional Loans

VA loans are backed by the government and offer benefits like no down payment and no PMI,
Conventional loans are not government loans and require a down payment and PMI if less than 20% is put down.
VA loans have specific eligibility requirements tied to service in the armed forces.
Conventional loans are available to the general public.

Credit Requirements for VA Loan Programs

No minimum credit score requirement is set by the VA.
Lenders typically look for a credit score of 620 or higher.
Borrowers with lower credit scores may still qualify.

Closing Process and Costs for VA Loans

Buyers are responsible for closing costs, which can include appraisal fees, title insurance, and origination fees, but these can often be covered by the seller or negotiated into the loan.

The LoanLock Advantage

Tailored Loan Programs

LoanLock is proud to offer VA Loan programs that are tailor-made to fit your unique situation, whether you're a first-time homebuyer, looking to refinance, or investing in properties.

Transparent and Direct

We believe in clear and direct communication. At LoanLock, we'll guide you through every step of the VA Loan process, ensuring you have all the information you need to make informed decisions.

Experience the Benefits of VA Loan Programs Today.

At LoanLock, we understand the importance of honoring your service and commitment. That's why our VA Loan Programs are designed with you in mind. With lower interest rates, easy underwriting, and flexible guidelines, achieving homeownership is within your reach. Call us or fill out an application today, and let's start this journey together. Your dream home awaits.