VA
Choose Jordon Yates for your trusted mortgage Loans
VA Home Loans
At Jordon Yates Mortgage, we proudly offer VA Home Loans designed specifically for veterans, active-duty service members, and eligible spouses. These government-backed loans, guaranteed by the U.S. Department of Veterans Affairs, provide unique benefits that make homeownership more accessible and affordable for those who have served our country.
Key Benefits of VA Home Loans
No Down Payment Required
One of the most significant advantages of a VA loan is the ability to purchase a home without needing a down payment. This benefit allows qualified borrowers to save money upfront and invest it in their future home.Competitive Interest Rates
VA loans typically offer lower interest rates compared to conventional loans. Because they are backed by the VA, lenders can provide competitive rates, making monthly payments more manageable.No Private Mortgage Insurance (PMI)
Unlike many other loan types, VA loans do not require private mortgage insurance (PMI), even with no down payment. This eliminates an additional monthly cost, saving borrowers thousands of dollars over the life of the loan.Flexible Credit Requirements
VA loans are more forgiving when it comes to credit scores. While a good credit history is helpful, the VA program allows for flexibility, making it easier for veterans to qualify.Closing Cost Limits
The VA sets limits on the amount of closing costs borrowers can be charged, reducing the upfront expenses associated with buying a home. Additionally, sellers can contribute toward these costs, further easing the financial burden.Assistance for Financial Hardship
If a VA loan borrower experiences financial difficulty, the VA provides services to help them avoid foreclosure. This support can include negotiating with lenders and offering financial counseling.
Eligibility Requirements
To qualify for a VA loan, you must meet specific service requirements, including:
- Active Duty Service: A minimum period of active service, typically 90 consecutive days during wartime or 181 days during peacetime.
- National Guard/Reserves: At least six years of service.
- Surviving Spouses: Spouses of service members who died in the line of duty or due to a service-connected disability may also qualify.
We guide you through every step of the mortgage process, ensuring you understand your options and feel confident with your decisions. From application to closing, we’re with you every step of the way.
Our dedicated Loan Concierge is here to make your mortgage experience as smooth and stress-free as possible. Whether you have questions or need assistance.
We offer flexible mortgage rates and low fees to help make homeownership more affordable. With customized solutions that fit your financial needs, you can find a plan that works for you without breaking the bank.
Talk with a Lending Specialist.
Have questions or need more information about our mortgage services? Feel free to send us a message!
How it Works
Let us help you get your home today.
At Jordan Yates Mortgage, we are dedicated to helping you secure the home of your dreams.
We begin by understanding your homeownership goals and financial situation. Our experts will explain your mortgage options and help you choose the best plan for your needs.
To move forward, we'll gather necessary documents such as income proof, credit history, and identification. This helps us assess your eligibility for the loan.
Our team will carefully evaluate your application, verifying your documents and ensuring you meet all requirements. Once approved, you'll receive a formal offer for the mortgage.
After signing the agreement, the funds will be disbursed to finalize your home purchase. We’ll ensure a smooth and timely transfer of funds, so you can move into your new home with confidence.
No prepayment penalties. You can pay early without a charge.
With our mortgage services, you have the freedom to pay off your loan early without any additional charges. We believe in flexibility, so you can save on interest by making extra payments or paying off your mortgage ahead of schedule—without worrying about prepayment penalties.
