how veterans can benefit from the current low mortgage rates

The current mortgage scenario in the United States gives prospective and existing homeowners in the California a lot to be happy about. Mortgage rates are incredibly low right now and experts believe that it would not rise up dramatically in the near future as well. Some of the leading analysts of the U.S. mortgage industry are of the opinion that rates are not expected to fall any further. All this opens a lot of opportunities for U.S military veterans as well as active duty members when it comes to buying a home. Opportunities for prospective homebuyers If you want to buy a home in California, then ‘now’ is the right time to do it. Military veterans can always get the benefit of the VA Home Loan Guaranty Program and get a VA backed home mortgage. VA home loans, although given by private lenders, traditionally have a lower interest rate than the market. Since the present rates are low, you can get a VA loan California at an even lower interest rate. Home prices in California are expected to rise at a much slower pace than previous year and that makes the current market a buyers’ market. So, if you always wanted a home in the Golden State, now is the right time to fulfill your dream.

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Page 1: How veterans can benefit from the current low mortgage rates

The current mortgage scenario in the United States gives prospective and existing

homeowners in the California a lot to be happy about. Mortgage rates are incredibly low right now and experts believe that it would not rise up dramatically in

the near future as well. Some of the leading analysts of the U.S. mortgage industry are of the opinion that rates are not expected to fall any further. All this opens a lot of opportunities for U.S military veterans as well as active duty members when it

comes to buying a home.

Opportunities for prospective homebuyers

If you want to buy a home in California, then ‘now’ is the right time to do it. Military veterans can always get the benefit of the VA Home Loan Guaranty Program and

get a VA backed home mortgage. VA home loans, although given by private lenders, traditionally have a lower interest rate than the market. Since the present rates are low, you can get a VA loan California at an even lower interest rate. Home

prices in California are expected to rise at a much slower pace than previous year and that makes the current market a buyers’ market. So, if you always wanted a

home in the Golden State, now is the right time to fulfill your dream.

Page 2: How veterans can benefit from the current low mortgage rates

Opportunities for existing homeowners If you already have an existing VA Home Loan in California, then you can get it

refinanced with a VA IRRRL. The Interest Rate Reduction Refinance Loan (IRRRL) helps you to lower the interest rate of existing loan. Since the present interest rates

are lower, you can expect to save a huge amount of money on monthly interest payments by getting a refinance loan right now.

To get a VA purchase loan or an IRRRL VA in California, all you need to do is get in touch with a VA approved lender in the state. Some of the most trusted lenders

offer VA loans California at an attractive interest rate and also on favorable terms. They would help you with the paperwork and ensure that you get a loan fast,

without any hassles. So, get in touch with such a professional lenders in California and get the benefits of the current low interest rates!

http://valoansfinance.com/states/california-va-loans/

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