Missouri Vet and VA Loans Stands by Missouri Vets Throughout the Loan Process

Veterans in Missouri often rely on VA home loans to buy the perfect homes for their families but navigating the process can be complex and time-consuming – especially for first time buyers. Missouri Vet and VA Loans, headquartered in St. Louis, promises to stand by each veteran throughout the entire process with help, advice, and information designed to make buying a home as simple as possible.

Missouri Vet and VA Loans exists to serve as consultants for active servicemembers and veterans who want to buy homes across the state of Missouri. They also provide numerous other services, including VA loan refinancing, credit repair, and credit card debt management. Their goal is to stop the misinformation surrounding loans for veterans and provide a wealth of resources designed to help more people get qualified for the loans and services they deserve.

According to the experts at Missouri Vet and VA Loans, there are numerous benefits associated with the VA home loan benefit that many who qualify are simply not aware of. For example, active servicemembers and veterans are not required to pay a down payment on a new home unless the purchase price of the property is more than the property’s assessed value. What’s more, there’s no private mortgage insurance (PMI) requirement, and the VA even limits the amount veterans and servicemembers can be charged when it comes to closing costs. Lenders cannot penalize servicemembers or veterans for early repayment, closing costs are often paid by the seller, and you can even get assistance directly from the VA if you have a financial hardship in some cases.

Veterans and servicemembers qualify for these loans as long as they served in one of the armed forces (including Coast Guard and National Guard) for a minimum active period of 90 days. Veterans must be able to show proof of honorable discharge or general discharge under honorable conditions, and they must also plan to use the home purchased with the VA home loan as their primary residence.

All too often, active servicemembers, veterans, and their families run into difficulty when it comes to the VA loans process. Sometimes they struggle to understand the terms, and in other cases the paperwork becomes too much for them to handle on their own. Missouri Vet and VA Loans exists to make the process simpler all across Missouri.

To learn more, contact Michael Schomaker, the company’s Senior Loan Officer, at 314-QUALIFY. You can also send an email to mschomaker@mortgage-ams.com or follow the email link on their website.

About Missouri Vet And VA Loans

Missouri Vet & VA Loans exists to help active servicemembers and veterans alike obtain the funding they need to buy homes for themselves and their families. The company also provides credit repair, refinancing, and credit card debt management consulting services. Their goal is to stand by their clients and customers through the entire loan process from start to finish to make things simpler.