VA Loan Laurel Maryland

VA Loan Laurel Maryland

How Does A VA Home Loan Work in Laurel Maryland?

We pride ourselves on being the #1 VA Loan lender in Laurel Maryland. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Laurel Maryland real estate market. We are serving all of Laurel Maryland zip-codes including zip code 20707, 2708, 2709, 20725, 2726 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 Laurel Maryland

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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 Laurel 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 Laurel, 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 Laurel 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 Laurel Maryland

Introduction to Laurel, Maryland

Laurel is a city in Maryland, United States, located midway between Washington and Baltimore on the banks of the Patuxent River. While the city limits are entirely in northern Prince George’s County, outlying developments extend into Anne Arundel, Montgomery and Howard counties.

Laurel and Nearby Attractions
  • Laurel Historical Society – Museum with regional exhibits & programs
  • Montpelier House Museum – Restored home with 18th-century roots
  • Granville Gude Park – Park and garden
  • Leo E. Wilson Community Park
  • Terrapin Adventures – Zip line, climbing and camping
  • National Cryptologic Museum – Code-making artifacts & exhibits
  • M-NCPPC Dinosaur Park – Archaeological site for dinosaur fossils
  • Patuxent Research Refuge – Us fish & wildlife department services, birdwatching, fishing, wildlife and nature
  • Dutch Country Farmer’s Market

Why to Live in Laurel?

Laurel is a diverse neighborhood with a wide range opportunities for those looking for jobs as well. It has an overall safe neighborhood and is welcoming to all the different families interested in living in the area. From family homes, apartments, and townhouses, Laurel has countless areas for any person or family.

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