What is a VA Loan in Washington

What is a VA Loan in Washington

Added Bonuses VA  Loan Washington

Veterans Administration or VA Loan Washington are one of the few 100% loan programs still available today in Washington and there are several advantages to securing a VA loan.

VA Loan in Washington

Home in Washington purchased by active veteran with a VA Loan

You can finance 100% of the selling price and VA funding fee.  This means that the amount of the loan may exceed the 100% Loan-to-Value of the purchase price.  In addition, up to 4% of your closing costs may be paid by the seller.  This makes it possible to purchase a home with “0” down.

Other advantages to getting a VA loan include no mortgage insurance requirements.  Instead, you must pay a VA funding fee that you can include in your loan, making your home purchase “no money down.”

With VA loans, you can take out extra money to “go green,” with your new home purchase.   Adding eco-friendly additions can save you money while being environmentally conscious.

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