It is never too early to start the pre-approval process.
If you are thinking about purchasing a home in the next 6 months, plan to meet with your lender as soon as possible. Being prepared with a Pre-Approval will eliminate delays when you start your search for a home.
A primary residence is the legal residence of the owner/borrower and which is intended to be used as a primary residence by the borrower within 60 days of closing.
A no down payment/equity loan for eligible Veterans purchasing or refinancing a Primary Residence. HealthOne pays customary closing costs.
Fixed rates for 10 or 30-year terms and Adjustable Rates for 30-year terms for a loan amount above $417,000. Minimum down payment of 5-10% depending on loan size. Servicing of loan will stay with HealthOne after closing.
The cost of buying a home can be overwhelming. Minimum down payment requirements can range from 0-20% depending on credit score, type of property and loan program. Typically it is best to plan for a having a minimum 3 - 5% down payment plus closing costs before getting pre-approved.
*Certain restrictions apply that your loan officer will discuss