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Home Loan 101

Blog Image: Jumbo Loans for Veterans

Jumbo Loans for Veterans

If you are a veteran or a servicemember, you are probably well aware of VA mortgage loans. These loans offer excellent benefits, including no down payment or credit score requirements as well as allowing borrowers to forgo mortgage insurance premiums.  But what happens if you are looking to buy an expensive property or you live in a pricier area of the country, where home prices exceed the standard VA loan limits? Is it still possible to take advantage of VA mortgage financing? Thankfully, the answer is yes! You can apply for a VA jumbo loan. Jumbo Loan Defined A jumbo loan is for a...

October 24th, 2019 | Purchasing a Home, Government Loans, VA Loans, Jumbo Loans for Veterans

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My name is Tracy Flesch, Vice President, Mortgage Loan Originator at National Bank of Commerce in Huntsville.In the past 5 years, I've closed more than 650 mortgage loans right here in North Alabama.  I've seen and closed just about every type of loan there is.  Purchase and refinances.  USDA, FHA, Conventional and VA.  With a large percentage of those closed loans being VA, I have vast experience in navigating through the VA loan process. Our commuity is filled with men and women who've served our Country.  There is no better mortgage loan available than a...

February 7th, 2017 | welcome, mortgage, purchase, refinance, va loans, Thanks for visiting www.northalabmahomeloans.com!