Minnesota VA

Minnesota VA and FHA Loans Made Easy at Pro-Action Mortgage

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Minnesota FHA & VA Loans

Minnesota FHA and Minnesota VA loans are government insurance programs to help the borrower purchase (or refinance) a home they might not qualify for under conforming loan guidelines. VA loans are available only to qualified veterans.

Minnesota FHA Programs:

Purchase or Refinance

30 & 15 Year Fixed

1 year T-Bill ARM

Features:

3% down payment (may be a gift).

Upfront mortgage insurance and allowable closing costs may be financed.

Lending limits on FHA loans vary with location. Call for information on the lending limit for your area.

2/1 buy-down available. Call for details.

Veterans Programs:

Purchase or Refinance

30 & 15 Year Fixed

Features:

No down payment.

Upfront funding fee may be financed.

Closing cost and pre-paid expenses may be gift.

Seller may pay up to 4% for closing costs and pre-paid expenses.

Lending limits on VA loans: $203,000.

2/1 buy-down available. Call for details.

Debt to Income Ratios: 29/41

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Call for a discussion on the program that will suit your needs -- 1-888-544-8988

...or apply online.

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We provide mortgage services in Minnesota and Wisconsin

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