FOR ACTIVE DUTY MILITARY & VETERANS. HERE'S HOW IT WORKS: CALL US OR FILL OUT OUR ON-LINE APPLICATION AND FIND OUT HOW MUCH YOU QUALIFY FOR, THEN: GET A FULL LOAN APPROVAL THROUGH OUR PARTNER BANK, PEOPLES NATIONAL BANK/ MORTGAGE, THEN: BEGIN YOUR SEARCH FOR YOUR DREAM HOME AND CALL US ANYTIME DURING YOUR ON-LINE SEARCH TO PARTNER WITH ONE OF OUR PARTICIPATING EQUITY REAL ESTATE AGENTS AND GET PRIVATE TOURS OF ALL YOUR TOP PICKS FROM OUR SITE, THEN: WHEN YOU FIND YOUR DREAM HOME, WE WILL TAKE 1.5% OFF OUR LOWEST NEGOTIATED PRICE ON ALL EXISTING HOMES FOR SALE, OR: IF YOU DECIDE TO PURCHASE A NEWLY CONSTRUCTED HOME FROM ONE OF OUR PREMIER BUILDERS AND USE OUR REALTOR SERVICE WE WILL GIVE YOU UP TO $5000.00 IN ADDITIONAL INCENTIVES. THIS INCENTIVE IS IN ADDITION TO INCENTIVES ALREADY IN PLACE FROM OUR BUILDERS! THIS IS OUR BEST OFFER AND EXCLUSIVE TO HOMESANDLOANS CLIENTS ONLY.

Homesandloanscolorado.com has a huge amount of respect for those who have served, or are currently serving in our armed forces. As a result of that respect, we have tailored the Military Home Purchase Advantage program to be the best military home purchase program ever introduced in the industry.

The Military Home Purchase Advantage is a program designed for the express purpose of saving our military buyers thousands of dollars when purchasing their home. Through our real estate and lending team, the home buying process is made simple, straightforward and financially rewarding for those who utilize our program and their VA benefits.

• Up to 1.5% of total purchase price given back to the buyer
• No charges for the first loan…0% origination fees
• Reduced cost on all lender fees
• Rates always better than market
• Zero down payment required
• Lower rates than convention loans
• No monthly Mortgage Insurance required with loan to value ratio of up to 100%
• Guaranteed with no money down for any loan up to $417,000
• Assumable by another purchaser
• Fixed or Adjustable rate options with a new hybrid ARM product

The two main reasons for using your eligibility to obtain a VA home loan are because it can save you a great deal of money and it is much easier for you to qualify for one of these loans than a conventional mortgage loan. A VA Home Loan gets you an excellent rate, with no monthly mortgage insurance. Even if you have less than perfect credit you are given a large advantage under this program. In addition, if you can show one year's proof of improving credit, you can secure the same low rates as a good credit score would ensure.

15 and 30 Year fixed VA loan

The VA 15-30 year fixed loans are fixed rate mortgages which have one rate and one principle & interest payment that does not change through the term of the loan. The 15 year fixed loans are shorter but will always carry a higher payment due to the shorter term. Use our mortgage calculator to figure payments on both terms. A 15 year mortgage lasts 180 months and a 30 year mortgage lasts 360 months.

VA Hybrid ARM

The VA hybrid ARM, or adjustable rate mortgage, provides for an initial fixed interest rate for a period of three or five years, and then adjusts annually after the initial fixed period. The 3/1 and 5/1 VA hybrid ARM products allow a 1% annual interest rate adjustment after the initial fixed interest rate period, and a 5% interest rate cap over the life of the loan. Interest rate adjustments must occur on an annual basis, except for the first adjustment which may take place no sooner than 36 months from the date of the borrower's first mortgage payment on the 3/1 ARM or 60 months from the date of the borrower's first payment on the 5/1 ARM. The loan term is 30 years for either of these loans.

Click here and pre qualify now for a VA loan, or contact us for a free consultation.