Posts Tagged ‘veteran’

Zero Down home loans for Seattle Veterans

27th February

2009

written by robgraham

If you served in the armed services and are looking to buy a home in Seattle, you’re in luck. The government wants to say thanks for your time served with special financing options on your home. VA loans offer some of the most attractive incentives for home buyers.

In King County you can get 100% financing, for homes up to $550,000.

No Down Payment
The loan is fully assumable. This means that when you go to sell the home, if interest rates have gone up, the buyer can simply assume your loan at today’s interest rates. Example: If you have a VA loan at today’s rate of 5.5% and go to sell in five years. If interest rates have gone up t0o say 7%, a buyer could assume your loan at 5.5% interests and save thousands of dollars. A really nice selling feature. to put your home ahead of the competition.
The seller can pay your closing costs and even pay discount points to get your interest rate even lower.
Seller can also pay up to 4% of other costs for you such as: Funding Fees. property taxes, insurance,
Under VA loans the seller can also pay off other credit debt for you and even purchase gifts for you such as appliances, TV’s etc.

The bottom line here is that if you are a veteran, there is no reason not to own a home. give me a call if you think you may qualify and I’ll be happy to put you in touch with a mortgage expert to explain all the ins and outs.

VA loans offer the best financing options available.

Take advantage if you can.

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