A VA Approved Lender. Veterans of America Mortgage Inc- NMLS #1660897. Not Affiliated with Dept. of Veterans Affairs or any Government Agency.

VA Home Loans

About Veterans Of America Mortgage

Strength. Character. Commitment.

We understand what it means to be a Veteran.

Veterans Of America Mortgage is building our nation’s leading VA mortgage lender serving America’s Veterans and their families. We help Veterans take advantage of one of their most valuable VA benefits they have earned: the right to apply for a VA-guaranteed home loan for up to 100% of the home’s value, including mortgage balance.

Advantages of VA Loan
01
Advantages of VA Loan

The VA Loan has many advantages that make it one of the most appealing paths to homeownership — and this great benefit is reserved exclusively to those who bravely served our country and select military spouses.

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Building Credit Score
02
Building Credit Score

For many military families and Veterans, establishing a pristine credit score is difficult and often the biggest obstacle to purchasing the home of your dreams.

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Lower Loan Rates
03
Lower Loan Rates

We make it easier for veterans to purchase a home. Although a number of factors influence your final rate, government backs all VA Loans, ensuring lenders offer competitively low interest rates.

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Refinance Your VA Loan
04
Refinance Your VA Loan

Now may be the best time for you to take advantage of the VA loan program. Even if you received great rates with a VA loan several years ago, you could get even more savings now.

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VA Loan Eligibility
05
VA Loan Eligibility

Our Home Loan Specialists will help you determine if you are eligible and even help you obtain your Certificate of Eligibility.

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Why choose

Veterans Of

America

Mortgage

Speak with a Home Loan Specialist today

Our

Services

We will help you with your customized loan requirements and based on the amount you need and the term length you want.

VA LOAN TYPES
  • Fixed Rate Mortgage
  • Adjustable Rate Mortgage (ARM)
  • VA Jumbo Loan
  • Cash Out Refinance
  • VA Streamline Refinance (IRRRL)
VA LOAN CHECKLIST
  • Copy of your DD-214
  • Copy of Purchase Agreement
  • Last 30 Days paycheck stubs
  • Last 2 years W-2’s
  • Last 2 years tax returns
  • Last 2 months bank statements

What Is a VA Loan ?

A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA).

The VA loan allows veterans 100 percent financing without private mortgage insurance or a 20 percent second mortgage and up to $6,000 for energy efficient improvements. A VA funding fee of 0 to 3.3% of the loan amount is paid to the VA; this fee may also be financed. In a purchase, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less. Since there is no monthly PMI, more of the mortgage payment goes directly towards qualifying for the loan amount, allowing for larger loans with the same payment. In a refinance, where a new VA loan is created, veterans may borrow up to 100% of reasonable value, where allowed by state laws. In a refinance where the loan is a VA loan refinancing to VA loan (IRRRL Refinance), the veteran may borrow up to 100% of the total loan amount.

How do I Obtain a VA Loan

  • Select a home & discuss the purchase with the seller or agent. Sign a purchase contract conditioned on approval of your VA home loan.
  • Select a lender, present them your Certificate of Eligibility and complete a loan application.
  • The lender will develop all credit and income information. They will also request VA to assign a licensed appraiser to determine the reasonable value of property. A Certificate of Reasonable Value will be issued.
  • The lender will let you know the decision on the loan. You should be approved if the established value and your credit and income are acceptable.
  • You (and spouse) attend the loan closing. The lender or closing attorney will explain the loan terms and requirements as well as where and how to make the monthly payments. Sign the note, mortgage, and other related papers.
  • The loan is sent to VA for guaranty. Your Certificate of Eligibility is annotated to reflect the use of entitlement and returned to you.

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Contact Info

address

15233 Ventura Blvd Suite 500,
Sherman Oaks, CA 91403

Working Hours

Weekdays: 9 AM – 6 PM
Weekends: by appointment

Contact

888-235-5390
info@vamloans.com

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