Ameristar Mortgage Blog

Chicago VA mortgage home loans operate in very much the same way as FHA loans do, the big difference is that they are provided to veterans only. Chicago VA loans are designed as guarantees that allow veterans and service personnel to qualify for a home mortgage that require lower closing costs than required with a conventional loan and may require no down payment.

Chicago VA Home Loans are made to eligible veterans for the purchase of a home that will be occupied as the veteran’s primary residence. VA home loans are highly regarded mortgages because loans can be financed at 100%.

While some of the specifics of the program have changed over the years, Chicago VA loans are still insured by the government against default, and still offer no down payment or private mortgage insurance. In order for veterans to qualify and benefit from VA home loans it is important to understand the loan eligibility requirements, the VA entitlement and various loan types allowed with VA mortgages.

Well versed in the VA mortgage program, our VA specialists will help you:

• Understand VA home loan services and programs in their entirety
• Prove your VA eligibility by helping you obtain a Certificate of Eligibility
• Evaluate your personal financial condition and utilize VA home loan services to develop a financially beneficial and affordable mortgage for your budget
• Assist you with the VA home loan application and guide you throughout the VA home loan process including VA refinancing and VA mortgage loans.

The best way to find out how to qualify for this is to contact an Ameristar Mortgage specialist.

Additional VA mortgage information can be found on our website www.AmeristarMadison.com

For 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