VA Purchase Loan
What is a VA Mortgage Loan?
THe VA helps Service members, Veterans, and eligible surviving spouses become homeowners!
This loan program was created in 1944 by the United States government to help returning service members purchase homes in most cases without needing a down payment and more relaxed credit requirements.
BELIEVE IT OR NOT …Generally, eligible veterans or military personnel can get loans up to $453,100 with no money down!
VA Loan Benefits:
- 0% Down Payment
- No PMI (Private Mortgage Insurance)
- No Prepayment Penalty
- Less stringent credit qualifications
CHM Lending is a local mortgage broker founded in 1992 and located in Medina, Ohio. Our company offers a full range of mortgage loan products including Conventional, FHA, VA, USDA, Construction, and Renovation loans. Our team has a combined 75 years of experience in the mortgage industry and was voted Best of The Best in Medina County in 2017. We use a common sense approach with all of our clients and we work with many different lenders to be able to offer the most competitive rates and costs coupled with amazing customer service.