VA Loan Benefits Explained By

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Blue Loan Services’ recent addition of VA lenders enables them to assist veterans and active service members in claiming their VA home loans, the benefits of which are explained on their company website.

Blue Loan Services

Blue Loan Services

Blue Loan Services is a full service mortgage company that has been helping residents of California to find the best loan products and home loan rates for many years. The company, headed by the father and son team Robert and Brandon Blue, has been dedicated to serving its customers with honesty, integrity and competence. The Blue Loan Services team of mortgage professionals operates with the goal to provide home loans to its clients while providing them with the lowest wholesale interest rates and closing costs possible. The company’s recent addition of lenders specializing in VA loans now enables Blue Loan Services to provide these very beneficial loans to those who have served, or still serve, in the United States armed forces. In order to help their clients better understand this loan option, the company’s website now includes information on VA loans and explains the numerous VA loan benefits.

As U.S. Army veterans, themselves, both Robert and Darin Blue understand how much service members sacrifice to protect and serve their county. The VA loan program was set up to honor that sacrifice and to ensure that those who have kept their county secure will always have a secure place to call their own, where they can live and watch their families grow. As the Blue Loan Services website explains:

“The VA Loan began in 1944 through the original Servicemen’s Readjustment Act, also known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with no down payment. This feature was designed to provide housing and assistance for veterans and their families, and the dream of home ownership became a reality for millions of veterans. VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan. The guaranty replaces the protection the lender normally receives by requiring a down payment allowing you to obtain favorable financing terms.”

Those who qualify for this loan benefit may use it to purchase a number of different home types, so long as it is a personal residence and located in the United States or its territories. They may use the loan for:

  •     Existing single family home.
  •     Townhouse or condo in a VA-approved project.
  •     New construction residence.
  •     A manufactured home and/or lot.
  •     Home refinances. Certain types of home improvements.

Eligible borrowers may be able to enjoy the following benefits of a VA loan:

  •     100% financing, no down payment loans are common.
  •     No Private Mortgage Insurance (PMI).
  •     No penalties if you prepay the loan.
  •     Competitive interest rates.
  •     Loan qualification is sometimes easier than if you were applying for a conventional loan.
  •     Sellers can pay all closing costs.

Obviously this is a good choice for anyone who can qualify for the loan. Blue Loan Services can help veterans and their families to find out if they are eligible for this loan benefit, and act quickly to gather the required documentation so that they can get their loan approved with the lowest rates possible.

For more information on how Blue Loan Services can help California home loan borrowers get approved for their VA home purchase loan or refinance quickly, please visit or call 1-888-929-BLUE (2583) to speak with an experienced mortgage professional.

CA Dept of Real Estate -- Licensed Broker #01094374 NMLS #938365

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Brandon Blue
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