Orlando, FL, LA, TX, NC, AK and CO (PRWEB) February 02, 2012
Like all industries within the United States, the VA Home Loan industry has made a few changes due to the recent laws passed in Congress. For Security America Mortgage, Inc. this means they must put a higher value on the happiness of all American Veterans and Military War Heroes by offering changes within their company to accomodate the VA and those who benefit from it. This is why the company proudly announced recently launched “VA loan service” websites for areas like; Florida, Louisiana, Texas, North Carolina, Arkansa, and Colorado. The additional websites were created in order to reflect more location specific changes in the mortgage va loan industry this year. With a proactive and supporting role like this, Security America Mortgage, Inc. plan to spread the word to all military service members about how the VA Loan Process in every state will be affected.
For example, as of January 1, 2012, the Department of Veteran Affairs changed a few of their standards for how calculations can be made to VA loans by lenders, which are the methods used to calculate the VA loan maximum amounts/minimum amounts. But what will these changes really mean for veterans and active duty military members who are ready to buy a home using a VA Loan in Florida? It means that Veterans buying a home in cities like Miami, Orlando, and Tampa will need to re-learn what to expect (and how much they can receive) from their VA Home Loan.
The VA Home Loan experts take a unique approach to showing how much better VA Loan amounts will be in the year going forward by reminding military members how easy buying a home can be with simplified examples of the VA Loan Process and VA Refinance.
The good news is that the loan amounts are funded by lenders, like Security America Mortgage, Inc., and the amounts are all calculated by the mortgage company – not the VA. The VA only insures the VA guaranty loan up to a certain amount – which is kind of like a “promise” to the lender to pay a home loan for a veteran if they ever default on a loan for any reason. For expert mortgage companies like Security America Mortgage, Inc., who specialize in VA loan and Real Estate services for Florida home buyers, they can still offer VA loans that provide the lowest rates possible in 2012. Since the 2012 VA loan calculations do not alter the great VA benefits, VA loans can still be obtained by eligible members in order to:
1. Purchase or build a new home
2. Purchase a residential condominium unit
3. Purchase a residential cooperative housing unit
4. Repair, alter, or improve a residence owned by the veteran and occupied as a home
5. Refinance an existing VA or conventional home loan
6. Buy a manufactured home and/or lot
7. Install a solar heating or cooling system or other energy-efficient improvements
The 2012 calculations also make it easier for Security America Mortgage, Inc. provide better home loan services, such as the "Orlando VA Loan Process", to pre-approve VA home loans and VA Refinance Loans for military members buying a home in the United States. In fact, there are actually the three different VA refinance options available for military individuals who want to save money by lowering monthly mortgage payments significantly.
The Florida VA Refinance Loan options are as follows: VA Loan Refinance Option #1 - VA Streamline Refinance - Interest Rate Reduction Loan (IRRL), VA Loan Refinance Option #2 – “Cash-Out” or Debt Consolidation Refinance, VA Loan Refinance Option #3 - Conventional to VA Refinance Loan.
Get started with a VA home loan benefit with security America mortgage experts now!