Veteran (VA) Loans in Connecticut

Hello everyone, this is John Vecchitto, a loan officer with North-East Financial located in Middletown, CT. Today I would like to reach out to all the veterans in our state and talk about VA loans.

VA mortgages are loans insured by the Department of Veteran Affairs. They are offered to all active or retired military. These loans, require NO money down, which I see as a “thank you” from our government for serving our country. The VA does have a Funding Fee which is typically 2.15% of the loan amount. This amount does vary depending on how many times you have used you VA loan benefit and if you are able to put money down. The funding fee can be financed as part of the loan, however Veterans with service related disabilities are exempt. Here are some other highlights:

• 640 minimum FICO (we will go down lower, on case-by-case basis)
• NO PMI (Private Mortgage Insurance)
• VERY competitive interest rates
• No pre-payment penalties
• Must obtain Certificate of Eligibility.

So if you are a veteran, give me a call today to see if you qualify for a VA mortgage. I can be reach via email at johnv@northeast-mortgage.com or my cell phone which is 860-918-0251. Thank you!

John Vecchitto / Loan Officer
NMLS# 1127163
210 S. Main St. First Floor
Middletown, CT 06457
860-918-0251 (Cell)
860-788-7237 (Office Phone)
johnv@northeast-mortgage.com
Company NMLS 117273