PCS to Hawaii - VA Loan Benefits

What is the VA Loan?

It is a mortgage loan given by private banks and lenders where 25% of the loan amount is guaranteed by the U.S. Department of Veterans Affairs (VA).

This is a benefit available to qualifying service members and their spouses that allows them to buy a home with $0 down-payments with a very competitive interest rate.

Some benefits of using the VA Loan:

• The option to get a loan with $0 for down payment.
• Never pay monthly Private Mortgage Insurance (PMI).
• Get lower interest rates compared to conventional loans.

Am I eligible for the VA Loan? If any of the following apply to you, then you are!

• I have served 90 consecutive days of active-duty service mandated by the President of the United States (Title 10 Active-Duty, this does not include boot camp or other training) during wartime or 181 days during peacetime.
• My spouse was in the military and died because of a service-related incident or disability and I have not remarried.
• I have 6 or more “good” years of service in the Reserves or National Guard.

If you are not sure you meet the requirements or have any questions about it, send me a text or give me a call:

Tanny Waters

Sr. Loan Officer

NMLS 892213

Cell:  808-421-7220

C2 Financial Corp – Hawaii

1003 Bishop St Suite 2700

Honolulu, HI 96813

NMLS 1244222