VA Loans by ourcloudpartner

VETERANS HOME

Loans

Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

Seth Daniels Regional Branch Manager NMLS #262329 5331 Primrose Lake Cir Suite 224, Tampa, FL 33647

If you’re ready, apply with Seth now! APPLY NOW

your guide to VETERANS HOME LOANS Buying a home is a very exciting milestone in your life. While it is a big investment, it also has many rewards. As a Veteran, Servicemember or Surviving Spouse, you may be eligible for a VA Home loan. Work with your dedicated Loan Originator who will explain the qualifications and possible benefits of a VA Loan, offer great rates and help you meet your homeownership goals. American Financial Network, Inc. is not acting on behalf of or at the direction of the federal government, and this offer is not being made by an agency of the government.

LET’S TALK TODAY!

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

Branch NMLS# 1579237. American Financial Network, Inc. is licensed by the Florida Mortgage Lender Servicer Branch License (MLDB5327), California - DFPI Mortgage Loan Originator License (CA-DFPI262329), Delaware Lender License (018102), Georgia Mortgage Lender Licensee/Registration (38586), New Jersey Residential Mortgage Lender License, Pennsylvania Mortgage Lender License (45284.026), Texas SML Mortgage Banker Branch Registration, Licensed by the Virginia State Corporation Commission (Lender and/or Broker License # MC-5704), NMLS #237341 (www.nmlsconsumeraccess.org), under Nationwide Mortgage Licensing System (NMLS), unique identifier of 1579237. Refer to www.nmlsconsumeraccess.org and input NMLS #237341 to see where American Financial Network, Inc. is a licensed lender. In all states, the principal licensed office of American Financial Network, Inc. is 10 Pointe Drive, Suite 330, Brea, CA 92821; Phone: (714) 831-4000 (NMLS ID#237341). This is not an offer for extension of credit or commitment to lend. All loans must satisfy company underwriting guidelines. Not all applicants qualify. Information and pricing are subject to change at any time and without notice. The content in this advertisement is for informational purposes only. Products not available in all areas.

expertise you CAN TRUST Buying a home is big investment. So, when it comes to making an important decision like this, you want expert advice. We will walk you through each step of the VA lending process and keep you updated on the status of your loan application from pre-approval to closing. We’re committed to making your first-time homebuying experience great. As dedicated mortgage professionals we believe that each and every one of our loan transactions is the beginning of a relationship that will last a lifetime!

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

our customers

ARE TALKING. The loan officers are efficient and well organized. They answered the phone immediately when I called. I highly recommend AFN for your

As one of the fastest growing mortgage bankers in the United States, we opened our doors in 2001 and have since expanded with many community based branches across the nation. Headquartered in Brea, California, AFN built its reputation as an a preferred mortgage lender serving the needs of real estate professionals, builders, and individual homebuyers throughout the U.S. We are a Direct Lender with delegated authority to underwrite and fund Fannie Mae, FHA, USDA, VA, and Jumbo loans products in house. Our success and expansion is built on core values including streamlined and efficient operations that optimize organizational

loan needs. -Joaquin P., Borrower

Fantastic and timely service. Our loan officer was quick to return calls and

answer

questions.

I’ve

purchased

and

refinanced

five

times

this

was

best

and

the

experience by far. -Jerry F., Borrower

output as well as an approach to customer service founded on exceeding expectations.

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

ABOUT VA LOANS A VA Home Loan is a mortgage product offered by banks and other financial institutions, guaranteed by the United States Department of Veterans Affairs. The purpose of the program is to increase access to homeownership and increase financial stability for America’s Veterans and to offer exclusive benefits in acknowledgement of their service. The program has guaranteed more than 22 million loans to help Veterans, active duty military members, and their families purchase homes or refinance their mortgages. AFN is an established and experienced provider of VA Home Loans and we would be proud to serve as your lender.

ELIGIBILITY Any Veteran who meets the length-of-service or discharge qualifications, or is actively serving, is ensured equal access to apply for a VA Home Loan (purchase and refinance).

Surviving spouses, National Guard, and Reservists may also be eligible to apply for a VA home loan. To find out if you are eligible and obtain a Certificate of Eligibility to provide to your lender, visit the VA website at www.va.gov/housing-assistance/home-loans/how-to-apply.

AFN has qualified Mortgage Loan Originators across the U.S. who are available to help you determine if you qualify for a loan. You can get started online at https://afncorp.mymortgage-online.com/

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

THE BENEFITS

you have earned POSSIBLE ADVANTAGES No Credit Score Threshold Requirement* No Down Payment Required* No Pre-Payment Penalties No Monthly Mortgage Insurance Requirement One-time VA Funding Fee May Be Folded into the Loan Veterans Receiving VA Disability Compensation Are Exempt from the VA Funding Fee VA Limits Certain Closing Costs for Veterans Closing Costs May Be Shared by the Lender VA Guaranteed Mortgages Are Assumable Access Cash Value of Home Equity with Little or No Out-of-Pocket Costs VA Home Loans May Be Approved to Purchase Pre-Construction Housing You May Be Able to Reuse Your VA Home Benefit Refinancing is Available

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Regional Branch Manager

Direct: 815-555-5555 john.doe@realty.com

*In Some Cases

5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

the va home loan

GUARANTY

VA Loans are backed by the federal government. This guaranty provides lenders the assurance that, if for any reason, you were to default on your home loan, the government will compensate the lender to cover their losses up to a certain amount.

Purchase or Build a new home or condo

Obtain a Lower Interest Rate

with an Interest Rate Reduction Refinance Loan (IRRRL)

Use the Equity in your home to obtain a Cash-Out Refinance

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

COMPETITIVE RATES

with flexible terms

A federally-backed VA loan may enable AFN to offer competitive interest rates and flexible terms. Interest rates are based on your credit rating, or what is also know as your credit score, or FICO.. The better your score the better the rate may be. Factors that may affect interest rates include, but are not limited to:

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

va home loan

REFINANCING

If you are eligible to apply for a VA loan, you may also be eligible to refinance a subprime, FHA, or conventional mortgage for up to 100% of the property value. You may be charged a funding fee if this is your first time accessing the VA loan program (under certain circumstances, such as a service related disability, you may be exempt from this fee). This may allow you to secure a competitive interest rate. In addition, you will not pay for monthly mortgage insurance or out-of-pocket closing costs.

If you have an existing VA Home Loan, you may be able to refinance at a lower interest rate with little to no out-of-pocket cost with an Interest Rate Reduction Refinance Loan (IRRRL). This is also known as a VA to VA loan, a rapid refinance or a streamline refinance. Generally, a VA to VA refinance will not require an appraisal. A new Certificate of Eligibility (COE) is not required for a VA to VA loan.

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

Under the Veteran’s Benefits Improvement Act of 2008, Veteran borrowers also have a “Cash-Out” refinancing option. This allows qualifying borrowers to access the cash value of their home’s equity (an appraisal is required). You may be charged a funding fee if this is your first time refinancing (under certain circumstances such as a service-related disability, you may be exempt from this fee).

BENEFITS & qualif ications 1

REFINANCE AT A LOWER RATE*

LOWER MONTHLY MORTGAGE PAYMENTS*

NO APPRAISAL REQUIRED*

NO INCOME/ASSET DOCUMENTATION REQUIRED

ROLL CLOSING COSTS INTO LOAN

NO PRIVATE MORTGAGE INSURANCE

ELIGIBLE PROPERTY TYPES: CONDOS, PUDS, SINGLE FAMILY ATTACHED/DETACHED

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

*In Some Cases

faqs ABOUT VA LOANS What are the benefits of a VA loan? Purchase or refinance with no money down, no appraisal fee, and no mortgage insurance premiums. Finance up to 100% of your home’s value or refinance and roll closing costs into the loan with minimal paperwork. FICO scores accepted as low as 580.

How much am I able to borrow? One of the great benefits of a VA Home Loan is the generous amount you may be eligible to finance. You may also choose to make a down payment, even though it’s not required. If you do, your lender may choose to loan you a higher amount. As of January 1, 2020, Veterans are no longer subject to the Federally-established VA loan limit (or conforming loan limits). Loan limits do however apply when a borrower has more than one active VA loan, partial entitlement available or has defaulted on a previous loan. VA loan limits are $548,250 in most areas of the U.S., with up to $822,375 in high cost areas. John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

What will I need to submit with my application? The documents needed to apply for a VA Home Loan are essentially what you would expect to submit for a traditional mortgage application or other large credit purchase, with the addition of verifying your Veteran’s status and eligibility. You will also need a Certificate of Eligibility (COE). You can apply for a COE directly with the VA (benefits.va.gov) or AFN can assist you. AFN is committed to making the process as quick and easy as possible for our valued military families and Veterans. Let us show you just how simple it can be to get the keys to your new home.

Why choose a VA Loan over a traditional mortgage? Proudly serving your country may have been a very easy decision but it was not an easy task. Our military families make huge sacrifices for the good of our nation, and your veteran’s benefits are a way for the American people to say, “Thank you for your service”. Your eligibility to apply for a VA guaranteed loan is one of your many Veteran’s benefits that we strongly encourage you to access. Let’s make some comparisons.

Can I refinance a current VA loan? Yes, if eligible you can take advantage of historically lower rates while they last with a VA IRRRL home loan. With a VA IRRRL home loan, you may be able to refinance at a lower rate and/or lower monthly mortgage payments, with no appraisal required (in most cases) and no income/ asset documention required. Closing costs can be rolled into the loan with no private mortgage insurance. Talk to your Loan Originator to see if you qualify.

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

VA HOME LOAN

vs conventional

Whether you are looking to buy your first home, your next home, access your home’s equity or just get a better interest rate, AFN would love to be your lender of choice. AFN is one of the fastest growing, privately owned mortgage lenders in the country. We are consistently investing in new technology to streamline the lending process, secure your data and make the lifelong experience of owning a home rewarding.

Your VA Home Loan

Non-VA Conventional Home Loan

No Down Payment Required (In Some Cases)A conventional loan may require as much as 20% You are free to submit your application right of the purchase price to be paid up front, which away and start living the next chapter of your life may delay your ability to apply until you have without delay.saved the necessary amount. Competitive Interest RatesConventional loans come with risk for the lender. Because the VA loan guarantee lowers the This may lead to a higher interest rate depending lender’s risk, the rate offered on a VA loan may be on your qualifications. lower than that of a conventional loan. May Be Easier to Qualify for a VA Home LoanA non-VA conventional loan is not governmentThe VA guaranteed loan requires less stringent backed and may carry greater risk to the lender. qualifications, making an approval more likely in some cases. No Private Mortgage Insurance (PMI)When a lender finances more than 80% of a Because VA loans are backed by the U.S. conventional mortgage, they can require the government, the lender will not require you to borrower to purchase Private Mortgage Insurance purchase PMI, potentially saving you a significant to protect the lender from risk and potential amount of money. losses, adding to the cost of owning the home.

Let’s talk today!

John Doe

Seth Daniels

Company Name

NMLS# 262329

Realtor

Direct: 815-555-5555 john.doe@realty.com

Regional Branch Manager 5331 Primrose Lake Cir Suite 224 Tampa, FL 33647 Office: 813-616-6006 Cell: 609-206-1100 sdaniels@afncorp.com www.sethismylender.com

If you’re ready, apply with Seth now! APPLY NOW