Quicken Loans is a VA approved lender that processes a large number of VA loans

Quicken Loans is a VA approved lender that processes a large number of VA loans

Quicken Loans VA Mortgages

And just as is the case with the mortgage process for any type of loan at Quicken Loans, VA loans are completed entirely online.

  • 100% financing – there is no need to have a down payment on most VA loan types.
  • You can often qualify with the lower credit score than you can with a conventional loan.
  • You can sometimes qualify with more debt, since VA loans use two debt qualification methods.
  • VA loans often have lower interest rates than other loan types.
  • There is no monthly mortgage insurance requirement on the VA loans.
  • Closing costs are frequently paid entirely by the seller.
  • You can usually include VA Loan http://paydayloanstennessee.com/cities/humboldt funding fees into your mortgage, if you are required to pay them.
  • On a refinance, you can borrow up to 100% of the value of your home with a VA cash-out refinance. In some cases, you can refinance up to 120% of the property value.

The company can work directly with the VA to get your Certificate of Eligibility and any other necessary documentation from the agency.

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