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NewswireTODAY - /newswire/ -
Honolulu, HI, United States, 2007/12/07 - Buying a home is an intimidating process for first time homebuyers. Veterans may not know where to apply for a loan or what paperwork they need to prove their eligibility.
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By launching their new website HawaiiVALoans.com, HomeLoan Financial, a division of Land/Home Financial Services, Inc., hopes to reach out to more veterans who could become homeowners.
“We realize that the web is the best way to reach many of these veterans and let them determine through a few simple clicks if they are eligible for a VA loan,” said Gabe Amey, branch manager for HomeLoan Financial in Honolulu. “When we say ‘VA Home Buying Made Easy’, we provide veterans with tools and resources to help streamline the home buying process. We don’t want anyone who may actually be eligible to assume that they don’t qualify, because getting a VA loan will nearly always save money over a conventional loan,” said Amey.
HawaiiVALoans.com provides information in a comprehensive, easy-to-understand FAQ section to help VA eligible borrowers quickly learn more about their benefits. In less than 5 minutes, veterans can fill out a form for free online pre-qualification and then be contacted by a VA Loan Specialist with regard to their qualification status. A handy search tool lets veterans or real estate agents see if a particular condominium is eligible for VA financing. Site visitors can also get a free 27-page ‘Guide to Buying Your Home’, which covers settlement costs and other useful information for homebuyers.
“Veterans may think that a VA loan won’t cover their mortgage here in Hawaii,” said Amey. “But we can issue VA loans up to $625,500, which accommodates a range of options. Our firm also finances condominiums and can reduce payments with streamline refinance for borrowers who originally purchased through a VA mortgage at a higher interest rate.
Hawaii has nine military bases and, according to the U.S. Census Bureau, the highest concentration of people in the armed forces of any state. Approximately 15,000 residents of Hawaii, who have been deployed to Afghanistan and Iraq as active duty personnel, may have reached the point in service where they qualify for a VA Loan. People who are not veterans may qualify for VA loans. These include some military personnel who are in the reserves or who are on active duty. Spouses of deceased veterans may also qualify for a VA mortgage.
“As an approved VA mortgage lender, we have trained VA Loan Specialists to guide veterans through the loan process,” said this local mortgage manager. “We also put veterans in contact with licensed real estate agents who have an in-depth knowledge of Hawaii's real estate market and prior experience working with VA buyers. Our firm also posts this list of realtors on the site.”
HawaiiVALoans.com
HawaiiVALoans.com, an informational website provided by VA Approved Lender, HomeLoan Financial, provides veterans with the facts about the VA Guaranteed Home Loan Program so that they are aware of their benefits. HomeLoan Financial specializes in VA Home Loan lending and has the necessary resources and people to guide veterans through the steps required for VA financing. HomeLoan Financial is a division of Land/Home Financial Services, Inc.
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