Home sales are booming in Kansas City and all over the country as sales of new homes hit a 9-year high, and VA loans are helping more and more veterans and active duty personnel buy the house of their dreams. Home sales in Kansas jumped up a whopping 6.6% in June of 2016, beating the already-high national average that was up 3.5% to hit 592,000, well above the 560,000 that even generous estimates had predicted. Some of the factors that are helping push up home sales in Kansas City include low mortgage rates, more first-time home buyers, and access to programs like VA loans from a quick closing mortgage lender in Kansas City.
The Kansas City area is home to lots of veterans, not to mention active duty personnel from Fort Riley (west of Manhattan), McConnell Air Force Base in Wichita, and Whiteman Air Force Base in Missouri, to name a few. With the help of a low-interest VA mortgage lender in Kansas City, these people can benefit from the many advantages that a VA loan brings to the table, including a higher acceptable debt-to-income ratio, no down payment in many cases, and being guaranteed by the U.S. Department of Veterans Affairs, which eliminates the need for mortgage insurance.
VA loans are helping active duty service members, veterans, and their spouses buy homes all over the KC area, and your quick closing mortgage lender in Kansas City is here to help you take advantage! First Fidelis can help you to determine your eligibility for a VA loan, walk you through the loan process, and explain the features and benefits available as part of the VA loan program.
VA loans have been called the best loan program around for those who qualify. They frequently offer lower interest rates than conventional mortgages, are available to individuals with lower credit scores, and often have no cap on how much you can borrow to buy your home. In fact, according to data from Trulia.com, 79% of all veterans own their own homes, versus just 63% of the rest of the population, and one of the biggest reasons why is because of programs like VA loans!
Unfortunately, as with any loan program, navigating a VA loan on your own can be tricky. The good news is First Fidelis, your low-interest mortgage lender in Kansas City, is here to help you with every stage of the loan process, from determining eligibility to closing the sale to making payments down the road. While we make closing on a loan as quick and easy as possible, we’re not going to rush you out the door or into a loan that isn’t right for you. We’re in it with you for the long haul and here to help every step of the way. At First Fidelis, our goal is to help you find the perfect loan for your needs, budget, and lifestyle, so you can buy the perfect home for you and your family.
So, whether you’re an active duty service member, veteran, or spouse of either who wants to learn more about VA loans, or whether you just want to ask a few questions of your favorite quick closing mortgage lender in Kansas City, contact First Fidelis today and let one of our mortgage experts get you started!
