Your Guide On Getting Dream House

What are the Different VA Loan Programs?

Posted by admin at 23rd February, 2010

VA Loan Programs







VA has multiple Loan Programs that can meet anyone’s expectations if they are looking to use an VA Loan to purchase their home below are a list of the most common Loan Programs available to you:

  • HUD Homes – Properties for Sale and Financed by VA
  • Officer Next Door – 50% Discounted properties and financing for police officers.
  • Teacher Next Door – 50% discounted properties and   financing for teachers.
  • CHDAP – 100% financing using second mortgage.
  • Neighborhood Gold – up to $15,000 gift funds with assistance of home seller
  • CHFA Loans (CHAFA) – discounted financing option with income limitations
  • Access 2000 – 100% financing with use of second mortgage.
  • 203K – VA major home improvement, rehab loan.
  • Single Family Home – standard VA 203(b) loan.
  • Units> Duplex  Triplex  Fourplex – unit financing
  • Fixed Rate VA Loans – standard VA fixed rate loan
  • VA adjustable rate mortgages (ARM) - standard VA ARM, Adjustable Rate Mortgage
  • VA Buydown Loans – VA 1/1 or 2/1 buy down loan.
Category : Uncategorized / VA Loan Programs / VA Loans

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