Are you a veteran, active-duty service member, or eligible surviving spouse looking to buy a home in New Jersey? Cornerstone Mortgage Group is here to help! We specialize in VA Loans, offering low-interest rates and expert guidance to make your homeownership dreams a reality. Our dedicated team will support you throughout the process, ensuring a smooth and stress-free experience.
Backed by the Veterans Administration with insurance on the loan against default, VA mortgage loans are one of the only home loans available with 100% financing. Designed for military and veteran families only, a VA mortgage loan is an optimal choice for those who qualify.
Because a VA mortgage loan is insured against default, it provides lenders with the opportunity to provide lower mortgage interest rates than most conventional mortgages. A VA home loan also gives the opportunity to reduce closing costs and there is no prepayment penalty.
Discover VA Loan Programs for Your New Jersey Home
In order to be qualified for a New Jersey VA home mortgage loan, you must be a veteran or military personal that has either served 181 days during peacetime, 90 days during war, or a spouse of serviceman either killed or missing in action. Other qualifications such as credit score, income, and debt to income ratio varies for each borrower. With Cornerstone Mortgage Group, you can choose from various VA Loan options, including:
VA Purchase Loans
VA Interest Rate Reduction Refinance Loans (IRRRL)
VA Cash-Out Refinance Loans
"Cornerstone Mortgage Group made the VA Loan process a breeze for my family and me. Their team is knowledgeable, professional, and genuinely cares about their clients." - David W.
"As a veteran, I can't thank Cornerstone Mortgage Group enough for their assistance in securing my VA Loan. They made everything simple and straightforward!" - Sarah M.
"I highly recommend Cornerstone Mortgage Group for VA Loans in New Jersey. Their expertise and dedication to serving veterans are unmatched." - John P.
"Cornerstone Mortgage Group helped me secure a low-interest VA Loan for my New Jersey home. Their support throughout the process was invaluable!" - Maria G.
"If you're seeking a VA Loan in New Jersey, look no further than Cornerstone Mortgage Group. Their team is dedicated to helping veterans and military families achieve homeownership." - Steve R.
The Easy VA Loan Process with Cornerstone Mortgage Group
We follow these straightforward steps to secure your VA Loan:
Pre-qualification: Assess your eligibility and identify the ideal VA Loan program for your needs.
Application: Complete and submit your VA Loan application with our expert assistance.
Underwriting: Our team will review your application and provide timely feedback.
Approval: Receive approval for your VA Loan, subject to satisfactory documentation.
Closing: Finalize your VA Loan and become the proud owner of your new home!
Begin Your Journey to Homeownership with VA Loans in New Jersey by Cornerstone Mortgage Group
RReady to explore your VA Loan options in New Jersey? Our expert team is here to help! Email us at bkordell@cornerstonemtggroup.com or click the 'Apply Now' link to schedule a consultation.
Frequently Asked Questions about VA Loans in New Jersey by Cornerstone Mortgage Group Services
A VA Loan is a mortgage program backed by the United States Department of Veterans Affairs (VA) to help eligible veterans, active-duty service members, and surviving spouses purchase a home.
To qualify for a VA Loan, you must have a valid Certificate of Eligibility (COE), meet specific credit and income requirements, and plan to occupy the property as your primary residence.
VA Loans offer numerous benefits, including no down payment requirements, competitive interest rates, no private mortgage insurance (PMI) requirements, and more lenient credit score standards.
Yes, you can refinance a VA Loan, just like any other mortgage. You can choose between the VA Interest Rate Reduction Refinance Loan (IRRRL) or the VA Cash-Out Refinance Loan, depending on your needs and goals.
Yes, VA Loans typically require a one-time funding fee that varies based on factors such as your down payment amount and your service status. This fee can be financed into your loan amount or paid in cash at closing.
Don't see your question here? Feel free to contact us at bkordell@cornerstonemtggroup.com or schedule a consultation to learn more about our VA Loans services in New Jersey!
