ZERO OUT OF POCKET - VA

UNITED STATES DEPARTMENT OF VETERAN AFFAIRS

VA

Down Payment Assistance program for Existing Homes listed for Sale, in the Multiple Listing Service, commonly known, as the MLS


ZERO OUT OF POCKET......
One of the ways in which we can help you purchase an existing home listed for sale in the MLS with ZERO out of pocket is by having one of our preferred Lender(s) fund your Mortgage Loan through a “Mortgage Loan Guaranty” program by The United States Department of Veteran Affairs.

Mortgage Approved United States Veterans holding VA Certificates of Eligibility can close with Fund MyHome.org with ZERO out of Pocket, regardless of what city or town they wish to purchase their homes in.

Be sure to include a copy of your VA Certificate of Eligibility when you submit your Supportive Documentation.

DEBT TO INCOME......
The Maximum Debt to income Ratio for this program is 45%.

CREDIT SCORES......
The Minimum Credit Score for this program is 640, Some conditions may apply

LOAN LIMITS....
The County Loan Limits for this program is set by Fannie Mae Conventional

BANK APPROVAL......
For this program, all Purchase Transactions require Bank Approvals which are Guaranteed by The United States Department of Veteran Affairs.

MORTGAGE INSURANCE......
For this program, all Purchase Transactions require Mortgage Insurance.

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