6260 Poplar Ave. Memphis, TN 38119

VA Loans

VA Loans

Providing VA Loans to Memphis, TN & Beyond

At Eagle Mortgage & Funding Inc. we are proud to provide quality VA loans to veterans across the Memphis, TN area. To learn more about our VA loans or to apply today, connect with our team!

VA Loan:
Designed to offer long-term financing to American 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.

Here’s how it works:

  • 100% financing without private mortgage insurance or 20% second mortgage.
  • A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
  • When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
  • When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Apply for a VA Loan with a VA Qualified Lender.

CONTACT INFO

6260 Poplar Ave.
Memphis, TN 38119

LICENSING

Randy Almand, Loan Officer
NMLS: 132158
Cornerstone First Mortgage
NMLS: 173855
randy@cfmtg.com

Equal Housing Lender