“Aligned Mortgage is a VA approved lender but not affiliated with the Department of Veterans Affairs or any government agency”
The VA home loan remains one of the only lending programs on the market that offers a zero down payment* mortgage. Most lending programs require at least some form of down payment, with popular amounts ranging from 3.5% to 20%*.
For example, a $200,000 home could mean coming up with a down payment ranging from $7,000 up to $40,000!. Borrowers using the VA loan can purchase immediately with no money down, avoiding years of saving up while paying rent to someone else.
VA loans do not require Private Mortgage Insurance (PMI), even when the home buyer is putting no money down. As a result, the Veteran not only saves cash upfront but can also save thousands over the lifetime of the loan and give the buyer more purchasing power when shopping for a home.
Qualifying credit factors such as FICO Credit Score, collections, debts and judgments are all considered with common sense underwriting reviews. Not every credit report is indicative of a Veterans true walk in life. At Aligned we work to find a way to make every Veteran a homeowner. Its just common sense.
VA loans also allow for a higher debt-to-income ratio than other types of mortgages.
*Other conditions may apply
To utilize the VA home loan program, you’ll need to first establish eligibility. To do so, you’ll need to obtain your Certificate of Eligibility, or COE. Aligned Mortgage can help you get your COE during the pre-approval process. In the meantime, below is some detailed information on who generally qualifies for the program.
If you served in the Army, Navy, Air Force, Marine Corps, or Coast Guard, you are eligible if you meet the minimum service days detailed here.
Sept 15, 1940 – July 1947
June 1950 – January 1955
February 1961* – May 1975
August 1990 – Present
July 1947 – June 1950
February 1955 – August 1964
May 1975 – September 1980**
If you are a Military Veteran or Active-Duty Service Member you may have access to buy your next home using a VA Loan.
A VA Streamline Refinance, or IRRRL, provides you with a faster way to lower or lock in your interest rate with limited costs.
VA Cash-Out Refinance allows a borrower to pull equity from the home to utilize for any purposes. (Check with your lender)
*Disclaimer:
Additional specialty products are available based on lending requirements and eligibility.
Speak with your loan officer to discuss specialty products.
Aligned Mortgage made it our mission to arm military and Veteran homebuyers with clear and actionable information so they’re empowered to buy a piece of the land they’ve defended with their VA home loan entitlement. Attending one of our free VA Home Loan Seminars is step one.
Delivering world-class service and education to the men and women that are serving or who have served our country during the home buying or refinancing process. We practice responsible communication. Ensuring it is always clear, complete and current.
Our team’s expertise provides a smooth loan process for the borrower, often closing within a month. Do not let anyone tell you it takes too long to close a VA Loan!
Our top priority is to educate and empower Military Veterans and Service Members about the VA Home Loan Benefit. We aim to assist every Veteran in owning a piece of the land they helped defend.
BECOME A HOMEOWNER
You served. Now let us serve you.
© 2023 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs, and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply.
PURSUANT TO THE REQUIREMENTS OF SECTION 157.007 OF THE MORTGAGE BANKER REGISTRATION AND RESIDENTIAL MORTGAGE LOAN ORIGINATOR ACT, CHAPTER 157, TEXAS FINANCE CODE, YOU ARE HEREBY NOTIFIED OF THE FOLLOWING: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE, SIGN AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE DOWNLOADED AND PRINTED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
Registration 1850 & SML Residential Mortgage Loan Servicer Registration
Licensed by the Dept of Financial Protection and Innovation under the CRMLA
Licensed under the Oregon Consumer Finance Act
Licensed by the Department of Savings and Mortgage Lending, SML Banker
Regulated by the Colorado Division of Real Estate
AZ BK 0906702
NV MB 2941/164
Georgia Residential Mortgage Licensee
Licensed by the N.J. Department of Banking and Insurance
Rhode Island Licensed Lender
Licensed as Aligned Mortgage in AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Licensed as American Pacific Mortgage in AZ, IA, MN, NV, OK, SC
Privacy Policy | Legal/Licensing | Accessibility Statement | Terms Of Use | Disclosures | NMLS Consumer Access | Equal Housing Opportunity
