Calling all active and retired military personnel and reservists! Please accept our heartfelt thanks!
None of the things we enjoy as Americans – our families, careers, homes, employees, health or happiness, would be possible without the unwavering dedication of the men and women of the Armed Forces.
If you are a veteran, Bay Equity Home Loans would like to offer you another benefit derived from your service- our dedicated and experienced guidance to veterans-only home lending programs.
As a qualified lender for the Department of Veterans Affairs, we are experts in the intricacies in the VA loan, available exclusively to veterans, active duty service members, national guardsmen and reservists, as well as select military spouses. VA loans are available with as little as $0 down.
VA lending rules can veer from the conventional loan process on many levels, including differences in credit scoring, down payment requirements and interest rates, so Bay Equity’s certified loan officers are educated on the most up-to-date rules and regulations.
What might otherwise seem to be trifling mortgage issue can be the exact leverage needed to make a VA loan work.
Just as important as purchase loans is the ability to refinance a VA home loan, or change an Adjustable Rate VA Mortgage (ARM) to a fixed rate.
The VA Interest Rate Reduction Refinance Loan (IRRRL) is a VA to VA refinance. It only allows a veteran to refinance a property already purchased with a VA loan.
An IRRRL can potentially reduce the interest rate, payment, and overall interest on a VA mortgage loan. It’s a truly great option for many military members.
We also invite you to check out Bay Equity’s exclusive “Loans to Heroes” program. Military members are just one of several service-focused professionals – either active or retired – who qualify for discounted closing costs and a partial refund of Realtor commissions.
Here’s another important piece of information: The VA loan is not the only veterans’ loan program available! Our Bay Equity teams are in the know about additional programs in their cities, states and regions – whether it’s lower interest rates, zero-interest loans or other benefits.
Veterans receive a mountain of mailers and email about these programs, often accompanied by a 1-800 number to call some faceless office out of state.
That’s not the Bay Equity Way. Our loan officers take pride in making time to meet with clients face to face.
While service members are certainly a diverse community, their military experience fosters a fondness for getting questions answered directly - by an actual person.
Many of our current Bay Equity team members are former members of the military, as are many of their family members, friends and associates. Bay Equity proudly supports veterans, veterans’ organizations and veterans’ charities.
Bay Equity donates a portion of each closed VA and FHA loan to the Warrior Foundation Freedom Station, a transitional housing community for injured veterans.
Bay Equity Home Loans not only supports the Warrior Foundation, we assist Warriors with their mortgage lending needs!
If you're an active or retired service member or reservist, please call Bay Equity today.
We're here to get you home.