Conveniently located in Pleasanton, Cherry Creek Mortgage Company provides California mortgage loans for the Bay Area, East Bay, and Tri-Valley.
Questions?
Call 1-800-325-2062
Or Contact Us
California Residents And Qualified Veterans
Today’s VA loans are a FASTER, better financing choice for veterans.
The VA loan program for Veterans of the Armed Forces and the Reserves has been around for a long time. Until recently, it has been largely forgotten due to the emergence of all the 100% financing programs that had super easy qualification requirements.
All those programs have disappeared, making VA loans again the preferred financing choice for Veterans.
Benefits of a VA Loan
No down payment (zero down payment) required on loans up to $417,000
VA home loans to $1,500,000 are now available with a small down payment (call for details).
Easier credit guidelines
No reserves needed for qualifying
The seller can pay for all your closing costs or these monies can come from a gift
At certain times VA loans can have a lower interest rate than other types of financing
No extra costs for having a credit score below 680
VA home loans can be used either for purchasing or refinancing
The basic philosophy behind VA home loans is to reward veterans for their service to our country. Bad credit VA home loans are even considered because of this over riding philosophy. Again, as in FHA financing, the Veteran’s Administration does not loan money, but their agency insures the lender against loss, making it possible to get a VA home loan that might otherwise be difficult to approve.
California Residents
If you are a qualified Veteran, the best way to begin utilizing this exciting program is to call 1-800-325-2062 and talk to a member of our team who will assist you in obtaining your Certificate of Eligibility, give you information on VA loans and get you pre-approved. You will then be ready to go out and find the home you have always been looking for!
Benefits of a VA Loan
