GEORGIA VA MORTGAGE LENDERS – MIN 580 FICO

Georgia FHA Mortgage Lenders – Same Day VA Loan Approvals!

US Mortgage specializes in good and bad credit VA mortgage loans even no credit score Georgia VA loans in every city and county in Georgia VA Mortgage Lenders VA mortgages are guaranteed by the Department of Veterans Affairs (VA). These Georgia VA mortgage loans were established to provide transition assistance and other benefits to men and women who served or are serving in the Armed Forces of the Nation. This includes the Army, Navy, Air Force, Marines, Reservists, National Guardsmen, and certain surviving spouses. Also, if you are a disabled veteran, you may qualify for additional Georgia VA mortgage benefits. Including reduced or elimination of Georgia property taxes. We are proud to provide 100% Bad credit Georgia VA mortgage approvals down to 550 fico score va purchase or Georgia VA mortgage refinance!

Georgia VA mortgage Lenders Offer Veteran benefits that only come with a VA mortgage:

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SAME DAY PRE APPROVALS!

VA MORTGAGE LENDERS LOAN OPTIONS or VA MORTGAGE REFINANCE 

VA Mortgage Lenders Serving VA Purchase and VA Refinance Loans In Every City and County in Georgia!

GEORGIA VA MORTGAGE LENDERS ELIGIBILITY REQUIREMENTS 

You must have suitable credit score MINIMUM 550, sufficient income, and a valid Certificate of Eligibility (COE) to Qualify with a  Georgia VA mortgage Lenders. The Georgia home must be for your own personal occupancy. The approval requirements to obtain a COE are listed below for Service members and Georgia Veterans, spouses, and other eligible beneficiaries. VA mortgage loans can be used to:

  • Buy a Georgia home, a Georgia condominium unit in a VA-approved project
  • Simultaneously purchase and improve a Georgia home.
  • Improve a Georgia home by installing energy-related features or making energy efficient improvements
  • Get VA approved to buy a Georgia manufactured home w/land lot.
  • Georgia Eligibility Requirements for VA Mortgage Lenders
  • Service members and Georgia Veterans-  To obtain a COE, you must have been discharged under conditions other than dishonorable and meet the service requirements below

ESTABLISHED VA MORTGAGE LENDERS MINIMUM TRADE LINES

Georgia VA Mortgage lenders allow for both traditional and alternative credit trade lines. However, most Georgia mortgage lenders require that you must have at least two lines of credit that you have maintained for at least a 12 month payment history.

Alternative lines of credit for NO CREDIT SCORE MORTGAGE APPROVALS for Georgia VA mortgage applicants are used to provide the ability and willingness to pay debt. VA alt trade lines defined as continuing proof of payment for direct service provider obligations, such as electric, cell-phone,  home-phone bills, rent history, car insurance, which require a timely monthly  payment in order to establish a 12 month payment history. To be used as an alternative credit trade line must have existed for at least 12 months.

VA mortgage lenders do not consider absence of a credit history as an adverse factor. However, a minimum 12 month history of the VA mortgage applicant, including residence, income, assets and credit must be  proven.
Georgia VA Mortgage Lenders Funding Fee Tables

Type of Veteran Down payment Percentage for First time Use Percentage for

Subsequent Use

Regular Military None

5%or more

10%or more

2.15%

1.50%

1.25%

3.3% *

1.50%

1.25%

Reserves/National

Guard

None

5%or more

10%or more

2.4%

1.75%

1.5%

3.3% *

1.75%

1.5%

Note:In 2011,funding fees were lower from October 1 through October 5,and November 18 through November 21. The enactment of Public  law 112-56,signed November 21,2011,establishes rates at the levels below through September 30,2016.Prior to September 30,2016,we will publish updated information on the fees for loans closed after that date.

Cash-Out Refinancing Loans:

Type of Veteran Percentage for FirstTime VA Mortgage Use Percentage for Subsequent VA Mortgage Applicants
Regular Military 2.15% 3.3% *
Reserves/National Guard 2.4% 3.3% *

Note:There are no reduced funding fees for regular refinances based on equity.Reduced fees only apply to purchase loans where a down payment of atl east

*The higher subsequent use fee does not apply to these types of loans if the Veteran’s only prior use of entitlement was for a manufactured home loan.

VA Status Qualifying Wartime & Peacetime Periods Qualifying Active Duty Dates Minimum Active Duty Service Requirement
Georgia Veteran WWII 9/16/1940 – 7/25/1947 90 total days
Post-WWII 7/26/1947 – 6/26/1950 181 continuous days
Korean War 6/27/1950 – 1/31/1955 90 total days
Post-Korean War 2/1/1955 – 8/4/1964 181 continuous days
Vietnam War 8/5/1964 – 5/7/1975 *For Veterans who served in the Republic of Vietnam, the beginning date is 2/28/1961 90 total days
Post-Vietnam War 5/8/1975 – 9/7/1980 *The ending date for officers is 10/16/1981 181 continuous days
24-month rule 9/8/1980 – 8/1/1990 *The beginning date for officers is 10/17/1981 ·         24 continuous months, OR

·         The full period (at least 181 days) for which you were called or ordered to active duty

Gulf War 8/2/1990 – Present ·         24 continuous months, OR

·         The full period (at least 90 days) for which you were called or ordered to active duty

Currently On Active Duty Any Any 90 continuous days
Georgia National Guard & Reserve Member Gulf War 8/2/1990 – Present 90 days of active service
·         Six years of service in the Selected Reserve or National Guard, AND

·         Were discharged honorably, OR

·         Were placed on the retired list, OR

·         Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable, OR

·         Continue to serve in the Selected Reserve

*If you do not meet the minimum VA service service requirements, you may still be eligible if you were discharged due to (1) hardship, (2) the convenience of the government, (3) reduction-in-force, (4) certain medical conditions, or (5) a service-connected disability.

Spouses The spouse of a Georgia Veteran can also apply for home loan eligibility for a VA mortgage under one of the following conditions:

  • Un remarried spouse of a Georgia Veteran who died while in service or from a service connected disability, or
  • Spouse of a Georgia Service members missing in action or a prisoner of war
  • Surviving Georgia spouse who remarries on or after attaining age 57, and on or after December 16, 2003
    (Note: a surviving Georgia spouse who remarried before December 16, 2003, and on or after attaining age 57, must have applied no later than December 15, 2004, to establish home loan eligibility. VA must deny applications from surviving spouses who remarried before December 6, 2003 that are received after December 15, 2004.)
  • Surviving Georgia Spouses of certain totally disabled veterans whose disability may not have been the cause of death

BAD CREDIT GEORGIA VA MORTGAGE LIMITS

Although Georgia VA mortgage do not have a maximum dollar amount, Georgia mortgage lenders who sell their VA loans in the secondary market must limit the size of those loans to the maximums prescribed by GNMA (Ginnie Mae) which is currently 417,000..

100% GEORGIA VA MORTGAGE LENDERS HOMESTEAD EXEMPTION 

Any Georgia homestead by a veteran who was honorably discharged with a service-connected permanent and total disability and for whom a letter from the United States Government or VA or its predecessor has been issued certifying that the veteran is totally and permanently disabled is exempt from taxation, provided the veteran is a permanent resident of the state on January 1 of the Georgia tax year for which property exemption is being claimed or on January 1 of the year the veteran died.

BENEFITS OF USING A GEORGIA VA MORTGAGE LENDERS

  • No money down for Georgia VA loans up to $417,000.
  • Seller paid closing cost up to 4%.
  • No PMI (Private Mortgage Insurance)
  • Government regulated Georgia VA loan closing costs.
  • VA streamlined refinance loans can be closed in 7 to 14 days
  • VA BAD CREDIT GEORGIA MORTGAGE DOWN TO 580 FICO.
  • No limit to the number of times a veteran may use a VA mortgage.
  • NO CREDIT SCORE GEORGIA VA HOME LOANS USING ALTERNATE TRADE LINES.

In addition to these benefits, the VA Mortgage Loan program offers default assistance to veteran borrowers in financial difficulty through a higher level of service and a greater range of alternatives to avoid foreclosure. Delinquency and foreclosure rates for VA mortgage loans are substantially less because of the VA mortgage protections in place.

VA GEORGIA MORTGAGE LENDERS FUNDING FEES

The Veterans Administration assesses a Funding Fee to all VA loans between .5% and 3.3% of the loan amount. The VA mortgage funding fee is added into the VA mortgage amount of the loan to be paid over the life of your VA mortgage loan. The VA mortgage Funding Fee replaces the much higher priced Georgia (PMI) Mortgage Insurance required when you get a conventional home loan. Disabled Georgia Veteran homebuyers may even qualify to get the fee waived completely.

QUALIFYING WITH GEORGIA VA MORTGAGE LENDERS

The VA offers excellent qualifying standards. The VA does not use credit scoring as their primary analysis of the loan. Georgia VA mortgage applicants with some past financial difficulties may still qualify for a VA mortgage loan. The VA mortgage can be a tremendous savings compared to the cost of conventional loans for those veterns with past credit issues.

GEORGIA VA MORGAGE REFINANCING WITH VA MORTGAGE LENDERS

VA mortgage loans have built in features allowing a Georgia VA mortgage to be refinanced to a lower interest rate without all of the criteria normally red tape associated with a conventional mortgage. This is called an Interest Rate Red

City GA Loan Limits
Atlanta 417,000
Columbus 417,000
Augusta-Richmond 417,000
Macon-Bibb County 417,000
Savannah 417,000
Athens-Clarke County 417,000
Sandy Springs 417,000
Roswell 417,000
Johns Creek 417,000
Albany 417,000
Warner Robins 417,000
Alpharetta 417,000
Marietta 417,000
Smyrna 417,000
Valdosta 417,000
Brookhaven 417,000
Dunwoody 417,000
Peachtree Corners 417,000
Mableton 417,000
Gainesville 417,000
Milton 417,000
Newnan 417,000
Rome 417,000
Martinez 417,000
East Point 417,000
Peachtree City 417,000
Dalton 417,000
Redan 417,000
Kennesaw 417,000
Hinesville 417,000
Douglasville 417,000
Evans 417,000
Statesboro 417,000
LaGrange 417,000
Lawrenceville 417,000
Woodstock 417,000
Duluth 417,000
Tucker 417,000
Chamblee 417,000
Stockbridge 417,000
Carrollton 417,000
Canton 417,000
McDonough 417,000
Griffin 417,000
Pooler 417,000
Candler-McAfee 417,000
Acworth 417,000
Decatur 417,000
Sugar Hill 417,000
Union City 417,000
Cartersville 417,000
Snellville 417,000
Forest Park 417,000
Milledgeville 417,000
Thomasville 417,000
Suwanee 417,000
North Druid Hills 417,000
St. Marys 417,000
North Decatur 417,000
Fayetteville 417,000
Tifton 417,000
Norcross 417,000
Kingsland 417,000
Belvedere Park 417,000
Lithia Springs 417,000
Calhoun 417,000
Dublin 417,000
Brunswick 417,000
Americus 417,000
Riverdale 417,000
Conyers 417,000
Perry 417,000
Winder 417,000
Wilmington Island 417,000
Villa Rica 417,000
Powder Springs 417,000
College Park 417,000
Druid Hills 417,000
Moultrie 417,000
Waycross 417,000
Fairburn 417,000
Covington 417,000
Buford 417,000
Monroe 417,000
Grovetown 417,000
Dallas 417,000
St. Simons 417,000
Lilburn 417,000
Mountain Park Cdp 417,000
Bainbridge 417,000
Georgetown 417,000
Clarkston 417,000
Richmond Hill 417,000
Douglas 417,000
Cusseta-Chattahoochee County 417,000
Loganville 417,000
Cordele 417,000
Doraville 417,000
Holly Springs 417,000
Vidalia 417,000
Vinings 417,000
Jefferson 417,000
Scottdale 417,000
Rincon 417,000
Cedartown 417,000
Fort Oglethorpe 417,000
Cairo 417,000
Jesup 417,000
Braselton 417,000
Panthersville 417,000
Country Club Estates 417,000
Thomaston 417,000
Fitzgerald 417,000
Garden City 417,000
Fort Valley 417,000
Fair Oaks 417,000
Toccoa 417,000
Gresham Park 417,000
Irondale 417,000
Skidaway Island 417,000
Port Wentworth 417,000
Centerville 417,000
Auburn 417,000
Swainsboro 417,000
Fairview 417,000
Hampton 417,000
Morrow 417,000
Dock Junction 417,000
Tyrone 417,000
LaFayette 417,000
Whitemarsh Island 417,000
Austell 417,000
Commerce 417,000
Thomson 417,000
Flowery Branch 417,000
Hapeville 417,000
Barnesville 417,000
Eatonton 417,000
Lovejoy 417,000
Dahlonega 417,000
Bremen 417,000
Stone Mountain 417,000
Sylvester 417,000
McRae 417,000
Locust Grove 417,000
Sandersville 417,000
Cumming 417,000
Waynesboro 417,000
Conley 417,000
Lakeview 417,000
Hawkinsville 417,000
Dacula 417,000
Fort Stewart 417,000
Adel 417,000
Eastman 417,000
Folkston 417,000
Byron 417,000
Camilla 417,000
Glennville 417,000
Jackson 417,000
Blakely 417,000
Nashville 417,000
Adairsville 417,000
Jonesboro 417,000
Palmetto 417,000
Montgomery 417,000
Hartwell 417,000
Elberton 417,000
Summerville 417,000
Baxley 417,000
Social Circle 417,000
Lyons 417,000
Cochran 417,000
Dawson 417,000
Chatsworth 417,000
Temple 417,000
Rockmart 417,000
Lindale 417,000
Euharlee 417,000
Cornelia 417,000
Hazlehurst 417,000
Oakwood 417,000
Metter 417,000
Manchester 417,000
Senoia 417,000
Madison 417,000
Forsyth 417,000
Rossville 417,000
Washington 3,981
Hannahs Mill 3,975
Walthourville 3,974
Hephzibah 3,936
Quitman 3,871
Chattanooga Valley 3,848
Hardwick 3,828
Ashburn 3,820
Hiram 3,792
Vienna 3,777
Cleveland 3,773
Jasper 3,762
West Point 3,728
Pelham 3,708
Ringgold 3,700
Cuthbert 3,670
Unadilla 3,666
Wrightsville 3,642
Blackshear 3,581
Alma 3,536
Bonanza 3,483
Heron Bay 3,435
Greensboro 3,403
Ocilla 3,387
Nicholls 3,331
Alamo 3,330
Lakeland 3,322
Reed Creek 3,297
Baldwin 3,286
Gray 3,269
Montezuma 3,189
Grantville 3,183
Tallapoosa 3,171
Grayson 3,147
Avondale Estates 3,139
Hogansville 3,110
Chickamauga 3,107
Tybee Island 3,102
Soperton 3,087
Leesburg 2,983
Harlem 2,967
Millen 2,925
Hahira 2,899
Helena 2,893
Springfield 2,889
Lula 2,879
Watkinsville 2,872
Abbeville 2,815
Bloomingdale 2,764
Raoul 2,733
Lake City 2,727
Putney 2,716
Chattahoochee Hills 2,690
Donalsonville 2,675
Webster County Unified Government 2,648
Statham 2,624
Thunderbolt 2,622
Reidsville 2,616
Monticello 2,615
Royston 2,574
Sylvania 2,538
Indian Springs 2,529
Dawsonville 2,525
Homerville 2,480
Pembroke 2,445
Lakeview Estates 2,427
East Dublin 2,392
Louisville 2,358
Isle of Hope 2,355
Claxton 2,334
Georgetown-Quitman County 2,302
Gumlog 2,297
Mount Vernon 2,276
Experiment 2,241
Trenton 2,238
Clayton 2,234
Buena Vista 2,206
Oxford 2,197
Lavonia 2,165
Pearson 2,112
Ludowici 2,081
Bowdon 2,072
Wrens 2,051
Demorest 2,050
Wadley 2,031
Berkeley Lake 2,024
Lithonia 2,022
Midway and Sparks 2,007
Davisboro 1,986
Gordon 1,956
Kings Bay Base 1,905
Colquitt 1,886
Butler 1,885
Ellaville 1,879
Maysville 1,866
Shannon 1,862
Darien 1,858
Guyton 1,856
Morgan 1,849
Warrenton 1,812
Arcade 1,799
Varnell 1,790
Trion 1,785
Tennille 1,773
East Newnan 1,771
Clarkesville 1,746
Mount Zion 1,737
Ball Ground 1,720
Nicholson 1,718
Union Point 1,709
Henderson 1,704
Ellijay 1,680
Twin City 1,674
Lookout Mountain 1,579
Chester 1,568
Emerson 1,535
Deenwood 1,514
Richland 1,496
Porterdale 1,483
Lincolnton 1,479
Edison 1,478
Brooklet 1,457
Sunnyside 1,453
Hoschton 1,433
Robins AFB 1,413
Arlington 1,406
Willacoochee 1,393
Walnut Grove 1,378
Pine Mountain 1,358
Nelson 1,347
Marshallville 1,333
Young Harris 1,325
Boston 1,323
Russell 1,318
Enigma and Sparta 1,293
Mount Airy 1,292
Blue Ridge 1,286
Woodbine 1,285
Statenville 1,281
Lumber City 1,254
East Griffin 1,248
Aragon 1,243
Omega 1,230
Talahi Island 1,229
Unionville 1,226
Oglethorpe 1,211
Broxton 1,190
Cave Spring 1,175
Winterville 1,172
Alto 1,167
Hamilton 1,158
Buchanan 1,156
Franklin Springs 1,154
Zebulon 1,153
Homer 1,144
Comer 1,138
Fort Gaines 1,129
Remerton 1,127
Rochelle 1,120
Lumpkin 1,093
McCaysville 1,083
Mountain City 1,061
Nahunta 1,060
Ray City 1,053
Jeffersonville 1,050
Bogart 1,042
Dutch Island 1,040
Meigs 1,030
Reynolds 1,026
Roberta 996
Sunset Village 993
Shellman 989
Franklin 969
Hagan 967
Sardis 964
Norman Park and Dasher 963
Ivey 926
Clermont 922
Woodbury 909
Hiawassee 906
Eton 902
Talbotton 887
Tunnel Hill 877
Homeland and Baconton 871
Greenville 862
Lenox 852
Crawford 826
Luthersville 824
Waverly Hall 823
Bowman 820
Crooked Creek 811
Canon and Poulan 803
Waleska 802
Rutledge 793
Resaca 775
Doerun 773
Riceboro 771
Screven 767
Milan 766
Pine Lake 763
Patterson 751
Plains 740
Glenwood 739
Fairmount 736
Newborn 734
Lake Park 730
Ty Ty 727
Moody AFB 726
White 724
Flemington 718
Blythe 701
North High Shoals 699
Ochlocknee 679
Sycamore 674
Phillipsburg 673
Bethlehem 671
Allenhurst 665
Gibson and Adrian 657
Alapaha 656
Kingston 654
Lincoln Park 653
Cohutta 637
Flovilla 634
McIntyre 620
Portal and Pavo 617
Milner 601
Colbert 600
Whitesburg 596
Appling and Newton 594
Leary 589
Smithville and Uvalda 585
Collins 582
Carnesville 580
Mountain Park City 578
Danielsville 577
Dexter and Dudley 570
Arabi 563
Irwinton 562
Berlin 559
East Ellijay 556
Blairsville 554
Ailey 552
Brooks and Dearing 547
Helen and Morven 532
Hoboken 531
Cadwell 530
Lyerly 529
Stillmore 528
Coolidge 526
Byromville 520
Waco 518
Tignall 513
Crawfordville 508
Odum 505
Pineview 503
Oak Park 481
Whigham 478
Menlo 468
Harrison 467
Bowersville 464
Ideal 459
Toomsboro 451
Pendergrass 447
Shiloh and Funston 443
Offerman 440
Hilltop 439
Attapulgus 435
Mansfield 433
Moreland 422
Ephesus 420
Warwick 407
Stapleton 405
Warm Springs 404
Sumner 403
Tiger 401
Empire 398
Rockingham 394
Centralhatchee 393
Bronwood 391
Leslie and Braswell 388
Yonah 387
Concord and Ambrose 380
Barwick 379
Rhine 377
Molena 372
Bostwick 369
Woodland, Martin, and Jenkinsburg 367
Williamson 356
Sale City 355
Sharpsburg and Arnoldsville 354
Satilla, Cobbtown, and Keysville 348
Scotland 344
Turin 343
Ila and Yatesville 341
Pinehurst and Woodville 336
Dillard 334
Hiltonia 326
Fargo 325
Between 324
Chauncey 323
Plainville 321
Higgston 313
Morganton 310
Iron City 309
Pitts 308
Graham 299
Salem 295
Rentz 292
White Plains 291
Good Hope 289
Siloam 280
Ellenton 279
Matthews and Cecil 277
Climax 273
Newington 268
Sky Valley 265
Sasser 264
Midville 263
Carlton and Bartow 262
Oconee 257
Gumbranch 254
Epworth 252
Denton 251
Gillsville 247
Bishop and Dewy Rose 244
Shady Dale 240
Damascus 238
Andersonville 236
Avera 233
Norwood and Lexington 227
Oliver 226
Kite and Roopville 225
Maxeys 224
Danville 218
Carl 216
Argyle 215
Taylorsville 214
Montrose 213
Brinson 209
Surrency and Orchard Hill 207
Payne 206
Avalon 205
Garfield and Lilly 204
Pulaski 203
Mitchell and Hull 201
Sautee-Nacoochee 198
Talmo and Boykin 192
Rayle 190
Meansville 183
De Soto 182
Culloden 177
Haralson 174
Register and Rebecca 172
Buckhead 171
Tallulah Falls 168
Seville 167
Santa Claus and Woolsey 166
Junction City 165
Summertown 163
Allentown 162
Alston 158
Girard 153
Parrott 152
Jakin 150
Nunez 149
Dooling 148
Daisy and Jersey 143
Perkins and Rocky Ford 142
Sharon and Jacksonville 135
Ranger 134
Sunny Side 132
Camak and Vernonburg 131
Deepstep 128
Du Pont 124
The Rock 123
Bellville 122
Cherry Log 118
Coleman 111
Vidette 110
Aldora 103
Bluffton 101
Geneva 100
Manassas 95
Riddleville 94
Canoochee 93
Lone Oak 89
Gay and Tarrytown 86
Mineral Bluff 81
Norristown 77
Calvary 71
Knoxville 68
Talking Rock and Rest Haven 66
Mendes 63
Riverside 35
Edge Hill 24
Cedar Springs 22
Eagle Grove 14