Just a reminder that if you are a VA eligible borrower and you were deployed for 90 days between April 30th 2009 and April 30th 2010 you can still get the $8,000 home buyer tax credit. As a reminder, once you close on a house, you apply for the tax credit and the IRS will send you $8,000 if you paid at least $8,000 in federal taxes this or the prior year. This means $8,000 in your pocket shortly after closing with no strings attached.
So send me an email or give me a call if you want to get approved for a VA loan to purchase a home n California and think you might qualify for this special tax credit extension. 858-922-7899 or homeloan8@gmail.com.
Here are some of the latest up-to-date highlights and benefits of VA loans in California:
- VA loan benefits allow any veteran receiving any VA disability pay to have the VA funding fee completely waived! This can amount to many thousands of dollars in savings.
- VA loan credit does not need to be perfect, a 620 credit score can get you a 100% financing VA loan with excellent VA loan interest
- VA streamline refinances are an INCREDIBLE benefit of VA loans! If you have a VA loan you can painlessly drop your rate down to market. Right now VA loan interest rates in California are the lowest I have EVER seen. Take advantage of it while it is here!
- VA loan limits in California can go upwards of $900,000 in many counties. San Diego, Los Angeles, San Jose, San Francisco, Santa Barbara, Orange County and more all have very high maximum VA loans.
- Get a second VA loan, and even a third, fourth, etc… However you can only have one VA loan at a time
Don’t hesitate to call (858-922-7899) or email (homeloan8@gmail.com) if you have any questions at all or would like to apply for a VA, FHA or conventional loan.
Warmest Regards,
Rob Chomentowski
Sr. Loan Officer
858-922-7899
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