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VA Loan Upper Marlboro Maryland
VA Loan Upper Marlboro Maryland
How Does A VA Home Loan Work in Upper Marlboro Maryland?
We pride ourselves on being the #1 VA Loan lender in Upper Marlboro Maryland. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Upper Marlboro Maryland real estate market. We are serving all of Upper Marlboro Maryland zip-codes including zip code 20772, 20773, 20792 and throughout Maryland, Florida and 47 other US states.
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 Upper Marlboro Maryland
PREQUALIFY FOR YOUR VA LOAN HERE
ENTER INFORMATION BELOW!
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 Upper Marlboro 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 Upper Marlboro, 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.
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 Upper Marlboro 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 Upper Marlboro Maryland
Introduction to Upper Marlboro, Maryland
Upper Marlboro, officially the Town of Upper Marlboro, is the seat of Prince George’s County, Maryland, United States. The population within the town limits was 631 at the 2010 U.S. Census, although Greater Upper Marlboro is many times larger.
Upper Marlboro and Nearby Attractions
- Darnall’s Chance House Museum – Museum and historic house museum
- Jug Bay Wetlands Sanctuary – Wetland, marsh, park and garden, wildlife and running
- Watkins Regional Park – Site with playgrounds, trails & fields
- Patuxent River Park – Trails, waterways & regional history
- Rosaryville State Park – Multi-use trails & a historic mansion
- Schoolhouse Pond
Why to Live in Upper Marlboro?
Upper Marlboro is filled with nice houses and safe neighborhoods where families can thrive. The schools are plenty and there are many choices to choose from. The neighborhood is nice and quiet. I do believe the homes are very overpriced.
Expert Mortgage and Investment Real Estate Advice
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