Home Loans for Tennessee Veterans
Are you a veteran interested in purchasing or refinancing a home in Memphis, Nashville, Chattanooga, Knoxville or elsewhere in Tennessee? Home Point Financial proudly offers Tennessee VA Loans to American Veterans. TN VA Loans are available to veterans, active duty service members, US National Guard and reserve members, surviving spouses and others seeking home ownership in Tennessee.
Requirements and Eligibility for Tennessee VA Loans
- Eligible for TN homes which the qualified borrower is going to occupy
- Good credit score
- Sufficient income
- Valid Certificate of Eligibility
VA Loans (Tennessee) – Benefits and Features
- Down payment is not required for Tennessee VA Loans
- No prepayment penalties
- No private mortgage insurance to pay each month
- Tennessee VA Loan closing costs can be paid by the seller
- TN loans are assumable by qualified borrowers
- Veteran may reuse entitlements
There are a number of VA Loan programs in Tennessee including Tennessee Purchase Loans, Cash-Out Refinance, etc. Apply now or contact Home Point Financial’s loan specialists to learn more about VA Loans in Tennessee.
