McLean Mortgage Corporation
You serve our country.
Let us serve you.
Serving in the military takes bravery, integrity, and resourcefulness.
Finding the right lender with those same qualities is essential when looking for a Veterans Affairs (VA) loan. As a current member or veteran of the Active Military, Reserves, or National Guard, you have earned special financing options through the Department of Veterans Affairs (VA). At McLean Mortgage Corporation, our advisors are knowledgeable about VA Loans and are ready to serve you and your family.
The VA loan program allows eligible military members and veterans to get mortgage financing for as little as no money down and with no monthly mortgage insurance. Your service has earned you a few other financing perks as well.
Features of VA Mortgages:
The required VA Funding Fee can be financed into the loan amount
Cash reserves are not required, but are a good idea and may factor into the loan approval process. If you own rental property, they are a must.
Cash reserves are not required
But, they are a good idea and may factor into the loan approval process. If you own rental property, they are a must.
With full entitlement, you can purchase with no money down
This applies to any house you are buying, provided you have paid off any previous mortgages. Your loan officer can help you understand all the details and options.
No monthly mortgage insurance is required
This can save you hundreds of dollars monthly compared to a conventional loan.
The seller or the lender can pay all closing costs
In the rare case where they can't, you can receive a monetary gift from a family member to cover all closing costs.
No VA Lending Fees with McLean Mortgage
We acknowledge your service and dedication, and as a way to give back, we don't charge lender fees for VA loans.
More key facts about VA loans
Have questions about the mortgage approval process? Read all about each stage of the process, as well as get valuable do’s and don’ts …