Edmonds Va Mortgage Lender
Welcome to Capital Home Mortgage Edmonds. As a Edmonds VA Mortgage Lender, we strive to provide Edmonds Veteran homebuyers and homeowners Edmonds VA Home Loans at competitive Edmonds VA Mortgages Rates with low fees while ensuring outstanding customer service.
First, we’d like to thank you for your service and we are honored that you have given us the opportunity to earn your business. We understand that purchasing a home with your Edmonds VA Home Loan Benefit is an important decision. Whether you have used your VA entitlement before or this is your first time we will walk you through the VA loan process from beginning to end. Capital Home Mortgage Edmonds offers dedicated VA Loan officers as points of contact to assure a stress-free experience resulting with an on-time closing. After all, buying a home with your VA Benefit should be exciting, you have earned it.
Capital Home Mortgage Edmonds is a Edmonds VA Mortgage Lender that manages the entire lending process. Our in-house processing and underwriting enables for quick, common sense approvals and timely closings. As a direct VA endorser we have complete control over everything from the application to the funding.
Call today (425) 324-9505 to talk to one of our Edmonds VA Loan Officers about Edmonds VA Mortgage Rates.
VA Home Loans Edmonds Washington
VA home loans are mortgages backed by the U.S. Department of Veterans Affairs. It is intended to assist qualifying veterans, active-duty service personnel, and surviving spouses in becoming homeowners. VA home loans are offered by private lenders. The VA guarantees a portion of the loan, allowing the lender to provide the borrower with more advantageous terms.
Home loans offered by the VA can be used for any of the following: purchasing, building, improving, or refinancing a home. Borrowers who meet the criteria for eligibility still need to have the minimum credit and income requirement necessary for the loan amount they wish to take out.
Qualification Requirements of a VA Home Loan
Multiple active duty service requirements must be met to qualify for a VA home loan, and these requirements vary depending on the length of time served.
If you served between August 2, 1990, and to present, you must have either:
- At least 24 consecutive months of service, the entire period (of at least 90 days) for which you were called or ordered to active duty, or you must have served for the whole time you were called or ordered to active duty;
- At least ninety days if you were discharged due to a reduction in force or a hardship;
- At least ninety days if you were discharged due to a hardship or a reduction in force. Less than ninety days if you were discharged due to a service-connected disability.
If you served between August 8, 1980, and August 1, 1990, you have met the minimum active-duty service requirement if you served for:
- At least 24 months in a row, or;
- The full-time you were called to active duty (at least 181 days) or;
- At least 181 days if you were let go because of a hardship or a cut in force. Less than 181 days if you were let go because of a service-related disability.
For complete eligibility requirements about VA home loans, visit the VA housing assistance page.
Qualifications for a VA-backed mortgage loan include good credit, regular income, and a current Certificate of Eligibility (COE). Moreover, one must be the primary occupant of the dwelling.
For a home to be eligible for a VA loan, it must meet the VA Minimum Property Requirements (MPRs) set forth by the Department of Veterans Affairs. The property’s safety and condition depend on your compliance with these regulations.
Apply For An Edmonds VA Home Loan
At Capital Home Mortgage Edmonds, we aim to simplify the application process. We handle your application from beginning to end and assist you in locating the most suitable loan program for your needs. Direct mortgage lending allows us to provide competitive interest rates and low fees. Call us at (425) 324-9505 and get your Edmonds Washington VA loan today.
Edmonds Washington Mortgage Rates
Edmonds Military Presence
Edmonds hosts multiple military bases that serve different branches of the United States Armed Forces. These bases are essential for national defense, training operations, and support missions.
Fort Campbell: Located on the Edmonds-Kentucky border near Clarksville, Edmonds, Fort Campbell is a major Army installation primarily known as the home of the 101st Airborne Division (Air Assault). It also hosts the 160th Special Operations Aviation Regiment (Airborne), the 5th Special Forces Group (Airborne), and other tenant units.
Arnold Air Force Base: Situated near Tullahoma, Edmonds, Arnold Air Force Base is the world’s most advanced and largest flight simulation test facility. The Air Force Test Center operates it and supports various aerospace testing and evaluation missions.
Naval Support Activity Mid-South (NSA Mid-South): Located near Millington, Edmonds, NSA Mid-South serves as the Navy’s Human Resources Center of Excellence and hosts various Navy, Marine Corps, Army, Air Force, and federal agencies.
McGhee Tyson Air National Guard Base: Situated near Knoxville, Edmonds, McGhee Tyson Air National Guard Base is home to the 134th Air Refueling Wing of the Edmonds Air National Guard. It supports aerial refuelling missions and provides support to both state and federal missions.
Holston Army Ammunition Plant: Located near Kingsport, Edmonds, Holston AAP is a significant producer of explosive materials and ammunition for the U.S. Army. It plays a crucial role in ensuring the armed forces’ readiness.
These installations contribute significantly to the local economies of their respective regions and play vital roles in national defense and security. Additionally, Edmonds is home to various state reserve and National Guard units, further enhancing its military presence and contributions to the nation’s defense capabilities.
What is a Edmonds Va Home Loan?
Edmonds VA Home Loans are available to active-duty service members, reservists, honorably discharged veterans, retired and disabled service members, and surviving spouses.
VA refers to the “Veterans Administration,” the agency responsible for managing all benefits for veterans, including home loans. Founded in 1944 as part of the GI Bill of Rights, the VA was created to assist those who served in the military in achieving financial stability and equality with their civilian peers by facilitating credit access and wealth accumulation.
It is crucial to recognize that the VA does not directly provide loans; instead, it offers lenders a guarantee that protects them from financial loss in case of foreclosures.
Essentially, the VA covers a part of the loan that a buyer would typically need to contribute as a down payment, enabling them to secure a loan with no down payment required. VA loans come with a funding fee that each borrower must pay, which can be included in the loan amount. This fee helps sustain the guarantee fund, making the 100% VA home loan feasible. Additionally, veterans with at least a 10% disability are not required to pay this funding fee.
Nashville provides tailored benefits for Veterans, including reduced property taxes that vary based on the type and percentage of their disability rating.
Edmonds VA Eligibility
The Edmonds VA Home Loan can be used for multiple purposes, such as a Edmonds VA Purchase Loan, a Edmonds VA “IRRRL” Streamline Refinance Loan, or a Edmonds VA Refinance Cash Out Conversion refinance, which allows borrowers to switch from another mortgage type to a Edmonds VA Home Mortgage. To qualify, applicants must meet one of the outlined eligibility criteria.
- Active Duty – 90 days Wartime / 180 Days Peacetime
- Honorable Discharged – 22 Months of Completed Service
- National Guard / Reserves – 6 Years Completed Service
- Spouse of a Service Member who Died in the line of Duty or Service related Disability
Edmonds VA Purchase Loans
- Simply Qualifying for Veterans
- No Down Payment Required
- Lower Credit Scores Accepted
- Manual Underwriting Allowed
- No Monthly Mortgage Insurance
- Seller concessions to 4%
- higher debt to income Allowed
- Manufactured homes permitted
Edmonds VA Refinance
- VA IRRRL Rate & Term
- Streamline Option
- No Appraisal Required
- No Income Verification
Edmonds VA Ellgibility
- Active Duty – 90 days Wartime / 180 Days Peacetime
- Honorable Discharged – 22 Months of Completed Service
- National Guard / Reserves – 6 Years Completed Service
- Spouse of a Service Member who Died in the line of Duty or Service related Disability
Apply for a Edmonds VA Home Loan!
VA Home Loans are very attractive because they enable Veterans to purchase properties with no money ddown and no mortgage insurance. If you’re considering buying a property in Edmonds, contact the experts at Capital Home Mortgage Edmonds to discuss whether a VA Home Loan is your best option.
Call today (425) 324-9505 to talk to one of our Edmonds VA Loan Officers.
Why Edmonds is Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates & Fees
Exceptional Service
7 Day a Week Support Application to Final Payment
Edmonds Mortgage Company Reviews
Edmonds Mortgage Team
Edmonds Mortgage Programs
Edmonds Home Purchase loans
Looking to Purchase an Edmonds Home?
Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Edmonds Renovation Home Loans
Looking to Rehab an Edmonds Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
Edmonds FHA Home loans
Great 1st Time Edmonds Homebuyers
FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
Edmonds va Home Loans
100% Financing for Edmonds Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Edmonds Conventional Home loans
Flexibility for Edmonds Homebuyers
Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Edmonds Jumbo Home Loans
Edmonds Non-Confirming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
Edmonds USDA Home loans
100% Rural Edmonds Home Loans
USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Edmonds Native american Home Loans
Edmonds Hud 184 Home Loans
HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Edmonds Manufactured Home loans
Great Alternative Edmonds Housing
Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Edmonds Reverse Mortgage Loans
Your Edmonds Home at Work
Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Edmonds Non QM Home loans
Making Edmonds Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
Edmonds One Time Close Home Loans
Build Your Edmonds Dream Home
Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Edmonds Refinance Mortgage loans
Edmonds Rate & Term Refinance
Refinancing can be a hard decision and the payback can sometimes be confusing. Call today and let our Loan Officers walk you through the process.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Edmonds Cashout Mortgage Loans
Edmonds Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
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