VA Loans

VA Loans

Serving Frisco, McKinney, North Dallas, and its surrounding areas, we proudly offer VA Loans to active-duty service members, veterans, and their spouses. These loans are designed to help you purchase or refinance a home with favorable terms and flexible options, including fixed-rate, adjustable-rate, and jumbo mortgages. We’re here to help you find the perfect home loan for your needs. Reach out today at (214) 336-5840 or email james@jameshoglen.com to get started!

Click here to apply for a loan!

Benefits of VA Loans

  • Easier Qualification: VA Loans have more lenient qualification standards than traditional loans.
  • 100% Financing: No down payment is required for purchases or refinances, allowing you to finance the entire home value.
  • No Mortgage Insurance: VA Loans do not require private mortgage insurance (PMI), which means lower monthly payments.
  • Competitive Interest Rates: Since the government backs VA Loans, you can benefit from lower interest rates than conventional loans.
  • Flexible Refinancing: The VA offers streamlined options with reduced fees and fewer documentation requirements.

How VA Loans Work

Although the federal government guarantees VA Loans, they are issued by private, VA-approved lenders like James Hoglen. The government guarantees up to 25% of the loan amount, which reduces the lender’s risk and allows for more favorable terms, including a 0% down payment for eligible borrowers.

 

While there are limits to how much the government will guarantee, these limits vary by location. They are determined by the Federal Housing Finance Agency (FHFA). In high-cost areas, these limits can exceed $700,000. If your home purchase exceeds this amount, you may still use a VA Loan, but you may need to cover a portion.

Get Started with Your VA Loan

If you’re a current or former service member, James Hoglen will help you explore your VA Loan options. Contact me today at (214) 336-5840 or email james@jameshoglen.com to get started!

Share by: