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.
"With Home Mortgage Financial they really do have the customer's best interest at heart. There is not any "salesmanship" of trying to get a larger commission off of you. The entire staff from Rob and Karen Presley, to our Loan Processor Dave Toman were outstanding! The process was about as painless as a refinance could be. In fact I have refinanced twice through them. Initially a streamlined VA IRRRL, and after my VA Rating Decision was completed I did a loan consolidation (home and equity). On both occasions I saved money on closing costs through incentives, skipped a couple of payments, and reduced my interest rate! If you're looking into a VA loan, a refinance, or even a conventional loan I guarantee you will not be disappointed with HMF. As we have all seen in the news interest rates will be coming later this year (December?), the time to act is now."
"Rob and Dave we're very attentive to my needs. I contacted Rob once while he was at the gym and I believe my realtor contacted him while he was vacationing in Hawaii. From prequal through the final process, I was always able to get a live voice to address my concerns and not so smart questions that I had. I would highly recommend HMFI and plan on using them again in about 6 months."
"I cannot say enough good things about Rob & HMFI. They are "on it" from the first phone call and they walked us through the entire process, every step of the way! David Toman (loan processor) is a pleasure to work with and like Rob, is always a phone call or email away. These guys are the best! We wouldn't consider doing home mortgage business with anyone else!"
"On a whim we called Rob after we got a flyer in the mail. We've streamlined our VA loan twice with Rob now, and we received excellent service each time!! He's very knowledgeable and extremely helpful! I have to agree with the other reviews, if you're a veteran and looking to refinance, see Rob!! Looking forward to future business with Rob!"
"The service we received from HMFI was beyond terrific! Rob and Dave did a fantastic job with getting our loan approval completed. They steered us through the escrow process and were always just a phone call away. We actually closed escrow with very little out of pocket costs. I would recommend these guys to any potential home buyer. They are GREAT!!"
"As an Army veteran, I was referred by a close friend of mine to do a VA Streamline with Rob & David. With an existing VA Loan to have this refinanced would greatly lower my 30-year fixed interest rate. The entire staff was very professional, knowledgeable, and friendly when they explained to me the loan process. It was so quick to get approved and I was able to save 2 months of mortgage payments along with incentives. The best part of all this is that I contacted Rob almost a year later after my first VA Streamline and Rob saved me more money on a new loan and even lower interest rate...Incredible!! I will definitely recommend Rob & his staff from Home Mortgage Financial to everyone... Win, Win, all the way around!!!"
"This broker really seems to have your best interest at heart. Rob and Karen were great finding the best deals and were very patient with me although I know I may have been difficult at times. In the end, I have refinanced twice with them, and each time I felt I got a great deal."
"Was a great experience working with David and Rob!! If I had a question it was answered right away! I have referred this team to my coworkers and they had nothing but smiles! Great job and I will be back when it's time to buy or refinance another loan." Jason S.
"Home Mortgage Financial works in your best interest. The process of refinancing can be overwhelming as it takes many steps and LOTS of paperwork. HMF made it straightforward, dotting all the i's and crossing all the t's while keeping me informed and updated every step of the way - virtually. Plus I got a great rate!"