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Northeast Financial LLC
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Northeast Financial LLC
  • About Us
    • Our Team
    • Careers
    • Reviews
  • Residential
    • Conventional
    • FHA
    • Jumbo Mortgage
    • VA
    • USDA
    • Alternative / Non QM
    • Construction
    • Rehab
    • Reverse Mortgage
  • Commercial
    • Asset-Based Rental Property Loans
    • Fix and Flip and New Construction Exposure Financing
  • Learn
    • News
    • Mortgage Rate Watch
    • Home Buyers Guide
    • Down Payment Assistance Guide
    • Mortgage Glossary
    • Mortgage Calculators
  • Get Pre-Qual
  • Contact
  • Client Portal
  • 844.788.7237

Connecticut VA Home Loan Program

Connecticut

VA Home Loan Program

 

If you are a veteran looking to purchase a home or refinance and are curious for a product specific to veterans such as yourself, say no more! My name is Ramazan Sinani, I am a Loan Officer with Northeast Financial and I’m here to help you get a better understanding on how a VA Home Loan Program works and how to qualify!

There are a few paths a Veteran can take, which of course depends on what you are looking for. But the first thing every Veteran must obtain before anything else (even before a pre-approval) is their Certificate of Eligibility (Also known as a COE). The COE verifies to the lender that you are eligible for a VA-backed loan. Below are the details of VA Home Purchase, a VA IRRRL (Interest Rate Reduction Refinance Loan), and others!

If you are looking for a VA Home Loan Purchase:

–          First of all, you will need a 600 or higher FICO score.

–          You will also need a Certificate of Eligibility (COE).

–          And qualifying service requirements must be met!

VA IRRRL (Interest Rate Reduction Refinance Loan):

–          Currently have a VA Mortgage in order to refinance with a VA IRRRL.

–          No missed payments.

–          And you must live in the property!

–          No Appraisal is Needed for those that qualify.

VA Cash-out Refinance:

–          Using the money you invested in your home, you may withdraw Cash!

–          Ability to refinance out of an FHA or Conventional loan.

Native American Direct Loan Program (NADL):

–          Must be a Veteran who is Native American.

–          You must also be on Native American Trust Land.

–          Tribal organization must participate in the VA direct loan program.

–          Valid Certificate of Eligibility.

–          Used for Construction, Purchase, Refinance or Improvements.

–          Finally, you need to meet qualifying service requirements!

Here is a link to guide you toward obtaining your VA Certificate of Eligibility.

Once you obtain your COE give me a call for a mortgage consultation and a quick and easy pre-approval process!

 

Ram
Ramazan Sinani
Mortgage Loan Originator
Northeast Financial
NMLS: 1590862  Company NMLS: 117273
Cell: 203-695-6858   Fax: 203-413-6240
[email protected]
  • by Northeast Financial
  • on November 20, 2018
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  • Markets Call The Fed’s Bluff After Downbeat Data
  • 2022 Was Rough For Rates and Housing, But 2023 is a Blank Canvas

General Disclosure

When discussing programs that allow for 3.5% down, 0% down, or a percentage down – the borrower is not required to only put that exact percentage down. FHA, USDA, VA, CHFA, Jumbo, and Conventional Mortgages allow borrowers to put down more of a percentage if they desire to. The percentages mentioned in the information provided is the minimum down payment that these programs require. Each one of these programs have specific credit score, debt-to-income ratio, and payment history requirements to qualify for the minimum down payment.

Disclaimer

Northeast Financial is presently in the process of applying for their Mortgage Broker’s license in the state of New York.  Website authorization by the New York State Department of Financial Services is pending.  Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site. If you are a New York Resident – please do not submit any information through our website.

 

Northeast Financial LLC

© 2023 Northeast Financial LLC dba Northeast Home Associates, LLC NMLS# 117273

Northeast Financial LLC is a Licensed Mortgage Broker by the State of Connecticut Department of Banking, NOT A LENDER. Loans are arranged through 3rd party lenders.
Complaint Policy

This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the state of New York can be facilitated through this site.








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