Sahuarita, AZ VA loans for relocating employees

VA loans require a Certificate of Eligibility (COE) from the military. Veterans will need to provide DD Form 214 which certifies your discharge. Active military will need to obtain a statement of service from their commander. Typically, you must meet at least one of these requirements:

Served 181 days of active service during peacetime.

Served 90 consecutive days of active service during wartime.

Served more than 6 years of service with the National Guard or Reserves or 90 days under Title 32 with at least 30 of those days being consecutive.

Are the spouse of a service member who lost their life in the line of duty or as the result of a service-connected disability. Restrictions apply.

VA loans do not require private mortgage insurance (PMI) like other mortgage products. However, the VA does charge a one-time funding fee for those with less than a 20% down payment. This fee is dependent on the size of your down payment and may be rolled into the loan.

Yes. The VA offers a streamline refinance called the Interest Rate Reduction Refinance Loan (IRRRL). The Premia Relocation Mortgage team is an approved VA lender and able to assist with an IRRL refinance.