Far and away, the most significant benefit of a VA loan
is the borrower's ability to purchase with no money down.
Apart from the government's UDSA's Rural Development home
loan and Fannie Mae's Home Path, it's all but impossible
to find a lending option today that provides borrowers
with 100 percent financing.
VA loans also come with less stringent underwriting standards and requirements than conventional loans. In fact, about 80 percent of VA borrowers could not have qualified for a conventional loan. These loans also come with no private mortgage insurance (PMI), a monthly expense that conventional borrowers are required to pay unless they put down at least 20 percent of the loan amount.
"Bankers Mortgage Lending was so easy to work with. They worked with my realtor and I to help me get my dream home. In a tough market for buyers, they moved quickly and went the extra mile to ensure that I had a leg up on the other buyers. I would highly recommend them to anyone looking to purchase a home"
"I have worked with Robin now for almost 10 years. She is one of the best lenders I have worked with. You are not just another file on her desk to process. She pays attention to the details, she follows up often and when needed, and she will go to bat for you if there is a challenge and resolve the issues that arise. She is the best!!"
"I have been in the Real Estate Industry 29 years. I have done loans with this company and the founder for many years. Anytime i have had a buyer with issues or maybe a property that was unique, They would always rack their brains until we came up with a solution. They are fair with their fees too. I have even transferred customers from other lenders who were over charging my buyers with junk fees. This company is the go to for me anywhere in the State of Florida."