VA mortgage loansLooking for a VA Mortgage Loan in South Carolina?

SCVALOAN.com is your source for a VA mortgage loan in South Carolina

Buying or refinancing a home is one of the most important and largest financial transactions most individuals will make in their life time.  The purpose of this website is to prepare you the veteran to make an intelligent and informed decision when you purchase or refinance a home for you and your family.

The more you know about the VA Home Loan Program, the more you will realize how little red tape there really is in getting a VA loan. A veteran mortgage often requires no downpayment and frequently offers lower interest rates than ordinarily available.

Click here for more information on VA Mortgage Loans in South Carolina!

The benefits of  a VA Mortgage Loan
  • Equal opportunity.
  • No downpayment (unless required by the lender or the purchase price is more than the reasonable value of the property).
  • Buyer informed of reasonable value.
  • Negotiable interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a downpayment of at least 5% and exemption for veterans receiving VA compensation).
  • Closing costs are comparable with other financing types (and may be lower).
  • No mortgage insurance premiums.
  • An assumable mortgage.
  • Right to prepay without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.

Click here for more information on VA Mortgage Loans in South Carolina!

VA Mortgage Loan