VA (Veterans Affairs)
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Know Your Buying Power!

 

30 year or 15 year fixed rate options

No monthly mortgage insurance payments

100% Financing & no closing cost options for purchases

VA Streamline Interest Rate Reduction Refinance Loans

Condos, SFR, 2-4 Units

The Department of Veteran's Affairs was established to provide assistance to Veterans in obtaining residential mortgages on more favorable terms than is normally allowed under conventional or FHA programs. The Department of Veteran's Affairs guarantees 25% of your loan to a lender, which enables you to purchase your property with zero money down. Also, unlike FHA loans, you will not pay monthly PMI with a VA loan. Rates are very competitive, which is always to the benefit of the veteran.

VA loans offer 15 & 30 year fixed rates, and are essentially no different than conventional or FHA loans, with the exception that you will never have to pay PMI. If you do not already have a copy of your Certificate of Eligibility (COE), then please call Daniel Chookaszian, our VA Loan Specialist, who will help you obtain your copy for free within a matter of minutes.

 

American Street Mortgage Company
837 North Milwaukee Avenue, Chicago, IL  60642
Office:  (312) 376-3760
info@americanstreet.com
Illinois Residential Mortgage Licensee MB.6760041

Illinois Department of Financial and Professional Regulation
122 South Michigan Avenue, Suite 1900
Chicago, IL 60603
(312) 793-3000

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