The Pioneer Building
510 Francis, Suite 220
St. Joseph, MO 64501
(816) 233-3770
(816) 271-8996 (pager)
(816) 233-5299 (fax)
EMail: downer@stjoseph.net
TOTAL MORTGAGE SERVICES
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VA Loan Questions and Answers
- How much money do I need for a down payment?
- None, the VA loans don't require a down payment.
- Can the seller pay any of my closing costs?
- Yes, the seller can pay ALL of your closing costs which means you can buy a home with no money.
- What if my credit is not very good?
- The VA is one of the most lenient programs for veterans with questionable credit.
- Does a VA home need to be in good shape?
- Yes, the house should be a nice house with few or no defects.
- If I have a VA loan now, can I buy another home using VA without selling my present home?
- No, the VA does not allow you to have two VA loans at the same time.
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