VA HOME LOANS

FINANCE YOUR HOME WITH

Leni Crow & Beau Hollingsworth

Military Buyer

VA Home Loan

Benefits and Requirements

  • What Is a VA Home Loan?

    A VA home loan is a Veteran loan provided by an approved lender and it is guaranteed by the U.S. Department of Veterans Affairs (VA). This guarantee means we’re able to offer qualified veterans more favorable terms on a home loan or mortgage refinance. You don’t need to be a first-time homebuyer, and you can reuse the benefit.

  • What are Benefits of a VA Home Loan?

    The VA offers a few home purchase and mortgage refinance loan programs depending on your needs. In general, these programs can help you qualify for a veteran loan with a competitive interest rate and often without requiring a down payment (as long as the sales price doesn’t exceed the appraised value) or private mortgage insurance. The VA also offers programs that let you refinance an existing VA home loan or take cash out of your home’s equity.

  • Some Other Benefits of VA Loans include:

    • Up to 100% financing is available with no mortgage insurance.
    • No appraisal needed on VA Streamline Refinance loans.
    • VA rules limit your closing costs.
    • Closing costs may be paid by the seller.
    • You can’t be charged a penalty fee if you pay off the loan early.
    • If you have trouble making payments, the VA may be able to help.
    • Surviving spouses of deceased Veterans may also be eligible. Contact us for details.

VA HOME LOAN

Eligibility Criteria

STATUS QUALIFYING WARTIME & PEACETIME PERIODS QUALIFYING ACTIVE DUTY DATES MINIMUM ACTIVE DUTY SERVICE REQUIREMENT
Veteran WWII 9/16/1940 – 7/25/1947 90 total days
Veteran Post-WWII 7/26/1947 – 6/26/1950 181 continuous days
Veteran Korean War 6/27/1950 – 1/31/1955 90 total days
Veteran Post-Korean War 2/1/1955 – 8/4/1964 181 consecutive days
Veteran Vietnam War 8/5/1964 – 5/7/1975 For Veterans who served in the Republic of Vietnam, the beginning date is 2/28/1961. 90 total days
Veteran Post-Vietnam War 5/8/1975 – 9/7/1980 The ending date for officers is 10/16/1981. 181 continuous days
Veteran 24-month rule 9/8/1980 – 8/1/1990 The beginning date for officers is 10/17/1981. – 24 continuous months OR – the full period (at least 181 days) for which you were called or ordered to active duty
Veteran Gulf War 8/2/1990 – Present – 24 continuous months OR – the full period (at least 90 days) for which you were called or ordered to active duty
Currently On Active Duty Any Any 90 continuous days
National Guard and Reserve Member Gulf War 8/2/1990 – Present 90 days of active service
  • Six years of service in the Selected Reserve or National Guard AND
  • Were discharged honorably OR
  • Were placed on the retired list OR
  • Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable OR
  • Continue to serve in the Selected Reserve

VA HOME LOAN

How to Apply for a VA Home Loan?

Here are three simple steps to apply for a veteran home loan:


  1. Talk to Beau: 949-233-2521
  2. Apply for loan pre-approval, to determine how much you can afford.
  3. Find your dream home.


Beau has helped Active Military Personnel, Veterans, and other eligible groups make sense of VA loans, guide them through the process, and ultimately match them with the best mortgage option. My commitment to the Military extends to helping take the guesswork out of VA home loans and making obtaining one a straightforward and painless process.

Beau Hollingsworth

Phone 949-233-2521

Email Beau.Hollingsworth@ccm.com

Lic# NMLS 314451

Leni Crow

Phone 385-298-8723

Email lenicrow@gmail.com

Lic# 7056435