At Gulf Mortgage Group, we are proud to serve the men and women who have served our country. Your sacrifice deserves guidance, respect, and real support when it comes to homeownership. Whether you're purchasing your first home, refinancing, or exploring your VA loan benefits, we are here to make the process simple, clear, and tailored to you. We believe every veteran deserves a place to call home, and a team you can trust to get you there.
Understanding VA Entitlement: Did you know you can use your VA home loan benefit multiple times? Even if you’ve already used your VA entitlement to purchase a home, you could still have enough remaining entitlement to buy a new primary residence with no down payment. We can review your entitlement used to see how much you have remaining without having to sell your current home.
Get to closing faster: There's a common misconception that VA loans take longer to close, but we’re here to bust that myth! Our average loan goes from submission to clear to close in just 10 days, so we are here to move your loan to closing as soon as possible.
Easy refinances: If you’re already a homeowner, don’t overlook the VA IRRRL, or Interest Rate Reduction Refinance Loan. This program offers quick and hassle-free refinances exclusively for VA loan holders, not requiring an appraisal or even income documents!
Disabled veterans are fully exempt from the VA upfront funding fee. Plus, depending on your VA disability rating, you may be eligible for additional savings on your property taxes:
In addition to homestead exemption, veterans with a disability rating of 50-69% will receive an additional exemption on $25,000 of the market value, for a total of $100,000 market value exemption.
In addition to homestead exemption, veterans with a disability rating of 70-99% will receive an additional exemption on $45,000 of the market value, for a total of $120,000 market value exemption.
In addition to the homestead exemption, veterans with a disability rating of 100% will be fully exempt from the remaining market value for parish property taxes.
Whether you're buying your first home or looking to reuse your VA benefits, come learn how to make the most of your VA home loan! All veterans, active-duty military, and military families looking to buy a home anywhere here in Louisiana are welcome to join!
We’ll discuss using your VA home loan benefit for the first time, using it multiple times, potentially buying a new home before having to sell your current one, and all of the ways to maximize your VA benefits!
October 22 at 6:00 PM at Covington & Associates Real Estate
1110 S Range Ave, Denham Springs, LA 70726