VA Loan Offers Affordability and Flexibility

VA Loan Offers Affordability and Flexibility

The VA loan program is exclusively offered to military personnel, veterans and their families. By working with us to access this Veteran’s benefit, you’ll get all the benefits of VA loan program while receiving unbiased support from the local nonprofit homeownership resource that helps you navigate the process from start to finish. Whether you’re ready to apply for a loan today or thinking about it in the future, INHP is the place homebuyers, like you, can go to prepare your finances, get questions answered and understand your mortgage options.

VA Loan Program Details with INHP:

  • First mortgage for home purchases, maximum term 30 years
  • No down payment required
  • Affordable fixed interest rate
  • No private mortgage insurance (PMI) required
  • Must be an owner-occupied property in Marion County
  • Flexible credit requirements
  • Ability to finance the VA funding fee
  • VA rules limit the amount you can be charged for closing costs
  • Closing costs may be paid by the seller
  • An assumable mortgage
  • Borrow up to 100% of the home’s purchase price
  • No minimum loan amount
  • Income limits apply*
  • Exclusively available to Veterans, Active-Duty Personnel, Reserve members, National Guard members and some surviving spouses

 

*Example: $102,000.00 for 30 years at 3.875/3.956 APR = 479.64 per month.
**Income and other eligibility restrictions apply. Rates and terms are subject to change without notice.