Veterans Affairs (VA) home loan
Apply for VA loans with our preferred provider TruHome Solutions, LLC. This is a government loan program reserved for eligible military members, veterans and in some cases their spouses. VA loans offer the benefit of low to no down payment and no private mortgage insurance.
VA loan details:
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100% Loan-to-Value on Purchase
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Funding fee can be financed into the loan
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No monthly mortgage insurance is required
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Competitive rates
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Less restrictive credit guidelines for previous foreclosure or bankruptcy
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Seller can contribute up to 4%
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Possible to come into closing without any funds
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Allows for higher debt-to-income ratio at times, based on compensating factors and residual income
Oregon State Credit Union offers several types of home loans. If you want help determining the best loan type for your situation, contact us at 800-732-0173 ext. 5152 or connect with a mortgage loan officer here.