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Dennis Hardy dennis.hardy@ameristarmadison.com Toll free: 877-240-5840 x23

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Illinois and Wisconsin VA Mortgage Loans with No Money Down

Posted by Dennis Hardy on Jun 29, 2008

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Wisconsin VA loans and Illinois VA mortgage loans are guaranteed by the Department of Veterans Affairs and are available to veterans and those currently serving in the military. They are often made with little or no down payment.

VA loans are available either as a fixed or adjustable rate and have recently added the option of a 3 year or 5 year ARM. VA loans are assumable, meaning that veterans can sell their homes to non-veterans and afford the buyer the benefits of a VA loan. The VA program is great for veterans who want to purchase a Wisconsin or Illinois property, especially if the veteran is a first time buyer.

An Illinois and Wisconsin VA loan offers no money down (100% financing) with no mortgage insurance fees. The VA funding fee is a fee added to loans. The VA loanĀ programĀ helps active duty and retired military personnel purchase homes.

Additional Illinois and Wisconsin VA mortgage information can be found on our website www.AmeristarMadison.comFor loan amounts over $417,000 please visit our Jumbo VA Loans page for details.

Ameristar Mortgage is your local Wisconsin and Illinois Mortgage Broker:

Dennis Hardy
Local: (608) 242-0826 x23
Toll Free: (877) 240-5840 x23
dennis.hardy@ameristarmadison.com
www.AmeristarMadison.com

Visit my blog at http://www.ameristarmadison.com/blog/

VA eligibility information can be found here: http://www.ameristarmadison.com/va_elig.htm

To View the VA Benefits Act of 2004 visit http://www.ameristarmadison.com/announcements/va_benefits.htm

Blog entry: http://www.ameristarmadison.com/blog/content/illinois-va-loans-wisconsin-va-mortgage-home-loans-refinance-cash-out-refinance-chicago-va-milwaukee-va-madison-va/

Blog entry: http://www.ameristarmadison.com/blog/content/wisconsin-va-mortgage-loans-illinois-va-home-loans/

Blog entry: http://www.ameristarmadison.com/blog/content/illinois-va-loans-wisconsin-va-mortgage-chicago-va-milwaukee-va-madison-va-loans/

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