VA Loans
VA guaranteed loans are guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. You must meet the VA loan requirements and receive a Certificate of Eligibility from the VA to qualify for the loan. In most cases, no down payment is required on a VA guaranteed loan and the borrower usually receives a lower interest rate than is ordinarily available with other loans.
Other benefits of a VA loan include:
- Negotiable interest rates
- Closing costs comparable to other loans
- No private mortgage insurance requirement
- Counseling and assistance available to veteran borrowers
Although mortgage insurance is not required, the VA charges a funding fee. The fee may be paid in cash by the buyer or seller, or it may be financed in the loan amount.
A VA loan can be used to buy a home, build a home and even improve a home with energy-saving features such as solar or heating/cooling systems, water heaters, insulation, weather-stripping/caulking, storm windows/doors or other energy efficient improvements approved by the lender and VA.
Why Choose Us for Your VA Loan?
- Low rates
- 36+ lenders to choose from
- Fast closings
- Super service
As a loan broker Springwater Capital has access to loan programs from about 40 lenders. Instead of having loyalty to one company or program, we are committed to finding the best program for your needs.
After getting some basic information from you, we can use our sophisticated software, Loan Pro 360™, to find the best rates among all of our lenders instantly!
You won't pay extra fees for using our services. Our fees will paid out of your closing costs and are comparable to the closing costs you will pay regardless of who does your loan. Often we can save you money by getting you the best loan program and rate for your unique situation. We only receive money for your our services if you decide to close and fund your loan with us. (Third party fees, such as appraisal and credit report, may be payable regardless of loan closing.)
For no cost or long term commitment, we can provide these services to you:
- Give you a current rate quote
- Help you to determine which type of loan will be best for your situation
- Give you information on how much you can borrow
- Get you prequalified or preapproved for a loan
For a free, no-obligation consultation, please call (206) 331-8542
Note: Rates and loan conditions are subject to change and will vary over time.
Springwater Capital, LLC, 345 W 600 S Suite 104, Heber City, UT 84032
Equal Housing Opportunity