• What is a VA Streamline Refinance
• Can a VA Loan benefit be used more than once

VA loans are a great loan program offered to Veterans who have served or are actively serving our country. These loans do not require any down payment or mortgage insurance and offer much lower rates than a traditional loan. The VA guidelines are also not as stringent as Conventional and FHA loans. In addition, VA loans do not have a loan limit per County like other loan products and we can go down to a 580 credit score. On average, we are closing VA loans in 21 days and we waive all lender with the exception of appraisal and credit report fees(third party fees apply). Whether you have excellent credit or less than perfect credit, contact me for more information. Overall, I highly recommend the VA loan to anyone who is eligible.

If you are an eligible veteran, service member or surviving spouse, you could qualify for a loan which offers you these benefits:

**No down payment.
**You may qualify even if your credit rating is less than perfect.
**VA loans feature competitive interest rates.
**You can finance the VA funding fee. If you have a disability, you may be exempt from this fee, in which case it will be waived.
**In some cases, the seller may offer to pay the closing costs.
**You do not need to purchase private mortgage insurance (PMI), which saves you money ever month.
**There is no penalty for prepayment.
**If you qualify, the loan features are assumable.
**If you have been through bankruptcy, a short sale, or a foreclosure, you can apply within two years—much sooner than you can with a traditional loan.
**Should you fall behind with loan payments at some future point, the VA may help you out.

As you can see, VA loans provide great advantages for military home buyers in San Diego and its surrounding areas.