VA
VA loans are a great option for those who have served our country in the military, as they offer numerous benefits and advantages. At MAI, we're proud to support our veterans and their families by providing VA loans with competitive rates and flexible terms. VA loans require no down payment and offer lower interest rates compared to traditional mortgages, making homeownership more accessible for those who have served.
VA Guidelines
- Max Loan Amount: $1.5M
- Foreclosure & Short-sale: 36 Months before loan application
- DTI: 55% with AUS Approval
- 100% financing
- Reserve Requirements: Per GUS Findings
- Credit Score: 620