VA Loan

VA Loan

VA Loan:
Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Here’s how it works:

  • No Fico requirement by VA, however some lenders do.
  • Minimum Fico 550 with automated approval or manual underwriting
  • No VA loan limits if you have full entitlement
  • No Down payment or Mortgage Insurance
  • Automated approval and Manual Underwriting.
  • 2yrs out of foreclosure, Ch7, Short sale or Ch 13 allowed if 12 months payments on time and court approval
  • Joint VA loans allowed
  • Can use your VA entitlement more that once
  • VA Interest Rate Reduction Loans available
  • VA Cashout out 1 and 2
  • VA Renovation Loans
  • VA One Time Construction Loan



NMLS #291309 | NLMS #292257

Nevada  #5017 | NMLS #1872966

Oklahoma #MB012277 | #MB012307

Contact Us

Sarey Enterprises LLC, DBA Alliance Mortgage Group
2770 Main St. Ste 221
Frisco, TX 75033
(214) 872-2188