VA Loan

A VA Loan is Designed to offer long-term financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Mitchell Mortgage is a VA approved lender located in Woodland and serving surrounding areas including [cities], and all of California.

What is a VA Loan?

A VA Loan is provided by the Veterans Administration and has no down payment.

Benefits of VA Loans

There are many benefits to VA Loans beyond just no down payment.

VA Loan Eligibility

VA Loans are available to active duty military, veterans, reservists and military spouses.

VA Loan Limits

Different counties have different limits on how much you can borrow for an VA Loan.

Get Pre-Approved for a VA Loan

If you are a veteran in Woodland, or anywhere in California, contact Mitchell Mortgage at (707) 259-1117 for more information, or simply fill out the form on this page.

First of all, if you are a veteran, then I salute you!!!  Thank you for your service!  Now, you have an option, particularly if you have very little or nothing at all to put down on a new home.  That’s right, VA in some cases will allow zero percent down.  Now, don’t expect a fast close, because the VA doesn’t work that way. It will most likely be a 45 to 60 day escrow, and that can be a problem in a market where there is a lot of competition for homes.  But these loans are typically a very good interest rate and best of all, no mortgage insurance!  That saves big dollars.  It is best to get all your ducks in a row first, so make sure you call well ahead of when you will be shopping for that home.  That way we will get you prepared to make your strongest offer on a new home.  VA refinances are a great option too if you already own your home.  In either case, let’s get started today!  Call Michael Mitchell, 530-406-2200 or 707-259-1117 or 707-337-5970 mobile.