VA Loans

The main purpose of the Lend Select Mortgage VA loan program is to help veterans finance the purchase of homes with favorable loan terms and at a rate of interest which is competitive with the rate of interest charged on other types of mortgage loans. Lend Select Mortgage suggest that each veteran should read the information provided on the veteran administration's website www.homeloans.va.gov. It will give the veteran detailed information on who is eligible for VA loans, the nature of a VA loan and what you need to do to qualify for a VA loan.

The home you are buying must be your primary residence and it must be occupied within a reasonable period of time after closing the mortgage loan.

The quarantee is not a gift. The VA loan guarantee protects the lender against loss, encourages the lender to make the loan.

VA determines your eligibliity, and if you are qualified, will issue you a certificate of eligibility. You must request this certificate of eligibility by completing VA Form 26-1880 "Request for a Certificate of Eligibility" and submitting it to one of the VA Eligibility Centers. Lend Select Mortgage has VA Form 26-1880.

The Veteran must have his or her original discharge papers. If the Veteran does not have them they must obtain a "Certificate in lieu of lost or destroyed discharge". Any VA Veterans benefits center counselor at the nearest VA office will assist you in obtaining the proof of military service.

Lend Select Mortgage LLC - 1317 Route 73, Suite 201 - Mount Laurel, NJ 08054
Office Phone: (856) 866-5555 Fax: (856) 866-5656

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