Springs Home Mortgage find ways to prepare veterans for a winning home buying experience. When it’s time to invest in a home, our veterans enjoy help from the US government as a benefit from their service. These loans vary. The loan is guaranteed by the federal government but issued by a lender.
A VA loan Colorado does not require a down payment. Closing costs may be lower or limited and they may be paid by the seller. And it’s always nice to know vets can pay their loans off early without penalty.
In addition to the regular VA mortgage, special programs are available for veterans who have challenged credit scores.
The Veterans Association determines each applicant’s eligibility. Members of the military, veterans, reservists, and National Guard may apply, along with spouses of deceased members.