Home Loans For Those Who Serve
We are the local military lending experts with a well-renowned history of serving military families. Many of our Loan Originators are former military service members and spouses with first-hand knowledge of the military lifestyle.
We are proud to have been recognized as one of the top 100 VA lenders in the nation! We have helped thousands of military borrowers and their families make their home ownership dreams come true. When applying for a VA loan, it is essential to work with a credible company who is familiar with the process. As specialists, we make the process streamlined and easy. Let OVM be your boots on the ground.
Benefits of a VA Loan
VA Loans assist our nation’s military service members and veterans.
No Down Payment
Qualifying borrowers with sufficient VA entitlement may buy with no money down.
Seller Paid Closing Costs & Concessions
VA loans allow the seller to pay customary closing costs for the buyer as well as up to 4% of the sales price in concessions.
No monthly mortgage insurance
VA loans do not charge a monthly mortgage insurance premium. Therefore, it is tough to beat a VA loan monthly payment.
Competitive Interest Rates
VA loans offer fixed and variable rates which compare well verses other conventional loans.
Prior Credit Issues
VA provides very flexible guidelines related to prior bankruptcy, short sale, or foreclosure, even when prior housing events were VA loans.
Refinancing Options
Features include cash out refinancing up to 100% of appraised value as well as streamlined qualification for refinancing a current VA loan.
Your home buying journey begins here.
Ready to get in touch with us? Fill out the form so we can provide a client experience that is unique to your specific needs.
Use our mortgage calculator to estimate your monthly payment.
Do you know how much house you can afford? Use our mortgage calculator to see your estimated monthly payments with different mortgage amounts, interest rates, and down payment amount.
Calculations are estimates and apply to first time use only. See our blog post on funding fees for more details.
Apply online now with our easy QuickStart App or talk to a licensed
Mortgage Loan Officer to review which loan is the best option for you.
or CALL NOW 866-719-1424
Get a Free VA Loans Guide
Fill out the information below to receive your free E-book.
Topics covered include:
- VA Loan Benefits
- Frequently Asked Questions
- Documents Needed
- How to Get Started
- The VA Process
Frequently Asked Questions
1. What is the maximum VA loan amount?
No money down VA loan amounts vary by each county loan limit. Additionally, some higher priced counties offer even higher loan limits for no money down. Then VA jumbo loans provide financing up to $1,000,000.
2. Can I use a VA loan more than once?
Yes, as long as the Veteran has sufficient entitlement, VA loans are accessible over and over. Additionally, it is possible to have two VA loans at once with potentially no money down as well.
3. Is the seller required to pay closing costs for the buyer using a VA loan?
No, the seller is not “required” to pay buyer costs. Although, it is customary for VA buyers to request seller assistance. As mentioned above, VA loans provide a lot of flexibility in the seller paying items for the buyer including the ability to have a true no cash to closing purchase.
4. I have a VA Certificate of Eligibility, so am I guaranteed a VA loan?
VA eligibility is the first step towards qualification. Borrowers must still qualify for the mortgage including credit, income, and property requirements.
5. How do VA loans help borrowers with student loan debt?
VA guidelines are very flexible towards borrowers with student loans with deferred or income-based payments. Even student loans deferred over one year from closing are not counted in debt to income ratios.
6. What benefits do disabled Veterans have with VA loans?
In addition to traditional VA loan benefits, VA waives the VA funding fee for Veterans considered 10% or more disabled by VA. Furthermore, 100% disabled Veterans may qualify for discounted or even exemption from county property taxes.
Meet Our Veterans
Moving is a part of the job for military families. So, why not work with a loan officer that understands the military lifestyle first-hand?
Scott Wilson
Branch: US Marine Corps
Years of Service: 6
Will Yanaga
Branch: US Navy
Years of Service: 12
Rob Younce
Branch: US Navy
US Naval Academy, Class Of 1993
Troy Heselius
Branch: US Air Force
Years of Service: 6
Bill Lowden
Branch: US Navy
Years of Service: 5
Tanja Mayfield
Branch: US Army
Years of Service: 6
Kent Blackburn
Branch: US Navy
Years of Service: 27
You’re in the driver’s seat, we’re here to help.
Lending Redefined means you can get started on your schedule, in the way that works best for you.
Three great options for starting: