Veteran Loans
Contour is grateful for the service those in uniform provide our country. We are determined to do our best to thank them for their sacrifice. Our VA loans offer these benefits:
- No down payment may be required
- A great benefit for service to your country
- Benefit from extremely competitive interest rates
- Have the option to assume an existing mortgage from another veteran
VA loans offer tremendous mortgage benefits to active-duty service members, veterans, and some surviving spouses. A VA home loan can be used for a number of purposes, including purchasing or building a new home, refinancing a current mortgage, repairing or improving your existing home, or installing home efficiency measures.
How Can You Benefit From A VA Loan
- No down-payment options available
- No monthly mortgage insurance premium
- Limits on buyer’s closing costs
- Assumable mortgages are subject to VA approval of the assumer’s credit
- Penalty-free prepayment
- Should you experience temporary financial difficulties, the VA extends forbearance and financial counseling to help you avoid losing your home
- Other requirements and restrictions may apply
Available VA Loan Programs
- 30/20/15 Year Fixed Rates
- VA Saver Program
- 3/1 & 5/1 Hybrid ARM's
- Energy Efficient Mortgages
To learn more about this program, contact Contour Mortgage today or call (866) 367-9074 and ask for Kevin Holmes or Gregory Bork.
Towson, Maryland Branch
110 West Road, Suite 212, Towson, MD 21204 | NMLS# 34928
