Home Loans > VA Loans
VA Loan Programs and Mortgage Rates
American Bank is proud to deliver VA mortgage financing solutions to eligible veterans and active duty servicemen and women of the United States' Armed Forces. VA loans, guaranteed by the Department of Veterans Affairs, offer a unique 100% mortgage financing solution. Underwriting guidelines for VA loan programs may be less restrictive when compared to other financing alternatives and many of these programs are assumable which can be very attractive to prospective home buyers. To speak with an American Bank VA loan advisor, please call toll-free at 877-215-2290.
VA Loan Highlights:
- 100% VA mortgage loans (no money down).
- Potential for 100% VA loan refinancing.
- Qualifying credit guidelines may be less conservative compared to other financing options.
- VA loan funding fee may be financed into the loan amount.
- No prepayment penalties.
- Gift funds and seller contributions towards closing costs may be acceptable.
- Fixed rate products.
Call American Bank today at 877-215-2290 to discuss VA mortgage rates and programs.