Veterans, We Thank You for Your Service.

VA loans have 100% financing available.…0 money down! Another benefit is no mortgage insurance.

VA (Veterans Affairs) loans are mortgage loans guaranteed by the U.S. Department of Veterans Affairs and are designed to help eligible veterans, service members, and surviving spouses achieve homeownership. Here are key features of VA loans:

  1. No Down Payment: One of the most significant benefits of VA loans is that eligible borrowers can purchase a home with no down payment. This can make homeownership more accessible for veterans and active-duty service members.
  2. No Private Mortgage Insurance (PMI): VA loans do not require private mortgage insurance, even with a zero down payment. This can result in cost savings compared to other loan types that typically require PMI for low down payment scenarios.
  3. Competitive Interest Rates: VA loans often offer competitive interest rates, which can be advantageous for borrowers. However, actual rates may vary based on individual circumstances and the lender.
  4. Limited Closing Costs: The VA limits the closing costs that veterans can be charged, making it more affordable for them to purchase a home. In some cases, the seller may contribute to the veteran’s closing costs.
  5. Flexible Credit Requirements: VA loans are generally more flexible when it comes to credit requirements. Veterans with less-than-perfect credit may still qualify for a VA loan, although individual lenders may have their own criteria.
  6. Assumption of Loan: VA loans are assumable, which means that if a veteran sells their home, the buyer can take over the existing VA loan, subject to VA approval. This feature can be beneficial in a rising interest rate environment.
  7. Homebuyer Education: The VA provides educational resources for homebuyers, including online courses and counseling services, to help veterans and service members make informed decisions about homeownership.
  8. VA Funding Fee: While VA loans generally do not require a down payment or PMI, they do come with a funding fee. This fee helps offset the cost of the VA loan program. The amount of the funding fee depends on factors such as military service, down payment amount, and whether it’s the borrower’s first VA loan.
  9. Refinancing Options: The VA offers refinancing options, including the Interest Rate Reduction Refinance Loan (IRRRL), also known as the VA streamline refinance. This allows eligible borrowers to refinance an existing VA loan with minimal paperwork.

It’s important for eligible veterans and service members to work with VA-approved lenders to explore the specific terms and benefits of VA loans based on their individual circumstances. VA loans are a valuable resource for those who have served in the military and meet the eligibility criteria.

Get The Best Deal For A VA Loan Lake Havasu, Call Mohave Mortgage!

How would you like to wake up to a stunning view of Lake Havasu every morning? Living everyday like you were on vacation? With a VA Loan in Lake Havasu, you can make that dream a reality.

Lake Havasu doesn’t have the hustle and bustle of big cities. With great beaches, beautiful marinas, captivating golf courses, scenic parks, endless hiking trails and plenty of sunshine, Lake Havasu is one big adventure.

Obtaining a VA mortgage loan to buy your first home or looking to refinance your current loan in Lake Havasu can be a challenge. That’s where Mohave Mortgage can help! At Mohave Mortgage, we are a locally owned mortgage company that offers expert advice and assistance to Lake Havasu residents with finding the best loan programs and lenders.

As an independent mortgage broker, we are not tied to any specific lender. This gives us the freedom to shop around for lenders on your behalf and find a loan that fits all of your needs – whether it’s getting you an ideal APR rate, competitive interest rate pricing or a great selection of fixed-rate VA home loans with no points, we’ve got you covered.

Mohave Mortgage can connect you with very flexible VA Loan options that allow the borrower to purchase with $0 down! If you are choosing a VA Loan in Lake Havasu to purchase a new home, a property appraisal is required. To meet VA standards appraisers must adhere to specific timelines, VA required items for a home inspection and confirm the home meets fair market value and the minimum property requirements. 

Do I Need a Mortgage Broker?

You might be wondering, why do I need a mortgage broker when I can go directly to a lender? Well, that answer is simple. A good mortgage broker can help you identify the best VA loan lenders for your needs, negotiate with them on your behalf, and then close the loan in-house without any hassles.

A mortgage broker works with many different lenders to ensure that the client has access to competitive rates that might otherwise be unavailable if you dealt directly with a single lender. 

In addition to helping you find the most competitive rates for your VA loan Lake Havasu has to offer, a mortgage broker will also advise you on your options for refinancing your existing mortgage, including the best time to refinance and what type of mortgage program you should consider.

At Mohave Mortgage, we believe in helping all our clients make an informed decision with their loan choices. There are many ins and outs of the mortgage industry that can be incredibly cumbersome to a consumer if they have no guidance when they have important questions. 

Our team of experts at Mohave Mortgage will walk you through the entire process. We will help you understand all of your options, answer any questions you might have, and provide expert advice on your loan options. This approach helps eliminate the mystery surrounding mortgage loans and ensures there are no surprises or blind spots along the way.

Work With an Award-Winning Mortgage Broker

At Mohave Mortgage, we understand how important it is to find a lender that offers competitive mortgage rates and interest rates that work within your budget. We also understand that not every lender is the best fit for you, and we are here to help identify which lenders will work well for your needs!

We take pride in our customer service and provide a personalized touch to your loan experience. We want the best for our clients and offer a knowledgeable staff that will provide you with expertise, professionalism and unmatched customer support in Lake Havasu.

Whether you are a first-time home buyer or a seasoned borrower looking to refinance your current mortgage, we are committed to transparency from start to finish – including providing an upfront estimate of what your monthly payments would be when refinancing your mortgage.

Our fair business practices and integrity sets us apart from other mortgage brokers. Our commitment and dedication to supporting Lake Havasu residents has not gone unrecognized. 

In addition to multiple 5-star ratings on Google and Yelp from dozens of satisfied clients, Mohave Mortgage was recently awarded the 2021 Lake Havasu Chamber of Commerce Business of the Year award. Our company was also ranked among Arizona’s top mortgage brokers in 2020 by United Wholesale Mortgage.

Let Us Help You Buy the Home of Your Dreams!

Are you looking to buy your first home or refinance an existing mortgage using a VA loan? We are the experts in Arizona lending! With Mohave Mortgage you will have access to highly competitive rates for your VA loan Lake Havasu. Call us today and let us help you secure your dream home!

Contact Our Arizona Mortgage Brokers To Learn More About How We Can Help You!

Mohave Mortgage
387 Lake Havasu Ave
Lake Havasu City, AZ 86403
(928) 288-2691



Call us today and let us help you at (928) 288-2691
Let's make it happen together.