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.
Fixed rates for 10 or 30-year terms and Adjustable Rates for 30-year terms for a loan amount above $424,100. Minimum down payment of 5-10% depending on loan size. Servicing of loan will stay with HealthOne after closing.
Seasonal properties are single family residential properties occupied by the owner and are not the legal residence of the owner/borrower.
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