VA Loan Capitol Heights Maryland

VA Loan Capitol Heights Maryland

How Does A VA Home Loan Work in Capitol Heights Maryland?

We are pride ourselves on being the #1 VA Loan lender in Capitol Heights Maryland. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Capitol Heights Maryland real estate market. We are serving all of Capitol Heights Maryland zip-codes including zip code 20743 and throughout Maryland, Florida and 47 other US states.

VA home loans are non-conventional home loans. Since the VA loans are government-insured they do not have the conventional mortgage underwriting guidelines that you get from conventional banks.

The VA Loan are easy to get since the banks assume less risk than conventional loans. This means that the U.S department of veteran affairs undertakes to repay a part of the loan to the lender if you are unable to make payments or if you face foreclosure.

VA Home Loan Capitol Heights Maryland

VA Loan Port Tobacco Village

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What Is A VA Loan?

A VA loan is a home loan offered by private lenders and guaranteed by the U.S department of veterans’ affairs. It enables U.S veterans, the active-duty service members, widowed service members’ spouses Veterans and national guard to buy a home. VA loans were introduced as part of the GI Bill in 1944 to help the veterans, and they have become popular over time. In early 2019, 8% of homes were acquired using a VA loan. This loan type has become increasingly popular because it is easy to qualify with no down payment required and low closing costs.

What are the VA Home Loan Requirements?

To get a VA loan in Capitol Heights Maryland, you must be military personnel and meet the VA’s specific service needs. For you to be eligible, you must fall in any of the following three categories:

  • You are an active-duty service member or an honorably discharged veteran who has 90 consecutive days of active service during wartime or 181 days of active service during peacetime.
  • You have served more than six years in the National Guard or the Selected Reserve.
  • You are the spouse of a service member who died in the line of duty.

When applying for a VA loan in Capitol Heights, you need to get a Certificate of Eligibility “COE” or you can provide us with your DD-214 and we will order your COE for you. The COE lets us, the lender know what you qualify for. 

Key benefits of VA Home Loan that we provide

  • Eligible homebuyers are not required to have a down payment in most cases – typically cited as the greatest benefit of a VA Home Loan
  • No monthly mortgage insurance premiums or PMI to pay.
  • Lower average interest rates than other loan types.
  • No prepayment penalties.
  • Limitation on buyers’ closing costs.


Loans Custom Built for Real Estate Investors

Whether you buy and hold, fix and flip, or build to rent, cambridgehomeloan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTC and up to 100% of fix up costs.

Not just a Capitol Heights VA Loan, we are offering the following loans as well:

Fix To Rent Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $100 million

Fix To Flip Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $100 million

Multi Family /
Commercial Real Estate

      • 1-50+ properties

      • Multifamily, condos, student housing, 
      • mixed use w/ majority residential

      • 12, 24 mo., 5,10,30,40 year terms

      • Up to 100% of cost

    • $1M – $50M

      • Bridge, Construction, Permanent, Refi.

About Capitol Heights Maryland

Introduction to Capitol Heights, Maryland

Capitol Heights is a town in Prince George’s County, Maryland, United States, located on the border of both the Northeast & Southeast quadrants of Washington. The Town of Capitol Heights was established on June 10, 1910. With its own Metro Station, the Town borders Washington, D.C., Seat Pleasant, MD and District Heights, MD and offers excellent marketplace opportunities for goods and services of all descriptions. 

Capitol Heights is governed by a Town Council composed of a Mayor and six Councilmembers. The Mayor and Council are elected at-large for a four-year term. The Town Administrator, hired by the Council, serves full-time as the chief executive officer of the Town. The Town of Capitol Heights is a relatively compact municipality close to 4,200 residents. Known for its highly affordable quality of life, Capitol Heights is conveniently located approximately 35 miles from both Annapolis and Baltimore with excellent highway systems connecting to both cities.

Capitol Heights and Nearby Attractions
  •  
  • Watts Branch
  • Prince Georges African American Museum and Cultural Center
  • Cultural Resources Center
  • The Smithsonian’s Museum Conservation Institute
  • Ridgeley Rosenwald School

Why to Live in Capitol Heights?

Capitol Heights has the potential to be great! Its a great location to live, close to DC and VA. The things is development, although there is some great things happening like new shopping centers. There also needs to be some changes to the schools and communities. Capitol Heights is a suburb of Washington, D.C. with a population of 4,528. Capitol Heights is in Prince George’s County. Living in Capitol Heights offers residents a dense suburban feel and most residents own their homes. In Capitol Heights there are a lot of parks. Many families live in Capitol Heights and residents tend to be liberal.

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