Far and away, the most significant benefit of a VA loan
is the borrower's ability to purchase with no money down.
Apart from the government's UDSA's Rural Development home
loan and Fannie Mae's Home Path, it's all but impossible
to find a lending option today that provides borrowers
with 100 percent financing.
VA loans also come with less stringent underwriting standards
and requirements than conventional loans. In fact, about 80
percent of VA borrowers could not have qualified for a
conventional loan. These loans also come with no private
mortgage insurance (PMI), a monthly expense that conventional
borrowers are required to pay unless they put down at least
20 percent of the loan amount.
Down payment as low as 0%.
Competitive interest rates that are routinely lower than conventional rates
No prepayment penalties
Higher allowable debt-to-income ratios than for many other loans
Streamlined refinancing loans that require no additional underwriting
"Central Funding Inc, formerly Infinity Mortgage Group, went above and beyond to help our large family get into our home. They were always willing to talk to us and they worked tirelessly to ensure our family had the best loan. From the first time we met the owner we knew he cared about us as customers and as friends. Yair connected my wife and I to Greg and we were blown away by Greg’s professionalism, experience, and integrity. He left no stone unturned while pursuing the best options for us. Our family was moving from across the state and we were on a very tight timeline. Thanks to our friends at Central Funding Inc we were able to finance the perfect home for our needs. Greg, Yair, and the team took so much of the stress and headaches out of the process and this was due to their character and highly qualified abilities. My wife and I strongly recommend Central Funding Inc for all of your mortgage or home financing needs."
"My wife and I are extremely grateful to Greg and the entire team at Central Funding Inc. They very professional, knowledgeable, proficient, respectful, trustworthy and got the job done efficiently. As my wife and I continue on our estate business, we are looking forward to working with them."
"I highly recommed Central Funding Inc., they are a very professional group of individuals who are experts in their filed. They are aware of the market and lending trends. When I needed to refinance a mortage they helped me get the best interest rates and what they quoted was comparable to the market. Throughout the process they were always straight forward with the numbers. This was very different from an experience with another company who said they could get me a specific rate and changed that rate at the closing. Central Funding is a company to work with, their brokers and processors are top notch. "
" I loved working with Central Funding, thank you very much for your professionalism and quick response to my inquiries. My loan was approved in a record time and the closing went without any issues. I am recommending them to all my friends and family."