VA Home Loans
That moment when you know you’ve found THE house!
You’re ready to buy and already have the new paint color picked out, but have you selected the right lender? Choose a Mortgage Lender who will get excited with you and walk side by side with you through the process.
VA Home Loans
About VA Home LoansVA home loans offer great benefits for those who qualify. Originally, VA home loans were reserved for only those military personnel who had served active duty during specific periods. However in 1992, the restrictions were lifted and the program became available to anyone who served in any branch of our military, regardless of duty status. One of the greatest benefits of a VA home loan is that in most cases, there is no down payment required. Also, unlike FHA home loans, VA home loans do not require mortgage insurance. Closing costs and interest rates are relatively comparable to other loan types. The VA can also provide temporary assistance in the event of financial hardship. The VA does not lend the money directly. Approved private lenders administer the loans and the VA guarantees them. To apply for a VA home loan, you must provide a Certificate of Eligibility to the lender. Lenders are also able to obtain the certificate for their customers when needed. VA home loans are designed to make it easier for veterans to obtain their own home.
Why Choose Plaza Park BankPlaza Park Bank has been helping the Central Minnesota community, like Sartell, Sauk Rapids, St. Cloud, and Waite Park, since 1910. We are passionate about continuing our tradition of providing personal service from our experienced and caring family of banking professionals. Our bank is family owned and operated and we truly believe that we must develop relationships with those who bank with us. Our core values include a team focused strategy that ensures with Plaza Park Bank, you can expect the very best. We understand that you have questions and are honored to answer them to meet all the financial needs of our military personnel. Contact Us Today For Answers To Your Loan Questions
We Love Our Clients!
(All quotes taken from recent follow up surveys with our mortgage clients) They were willing to come in during non-standard bank hours-it helped considerably since we live an hour away. If they didn’t know an answer, they got back to us ASAP. I also think they are approachable, funny and very straight forward without being tactless. My husband can be hard to please-he’s a stickler for detail-and they did a great job with him-and that’s not easy! 🙂 They were very professional, knowledgeable & pleasant to work with. They responded to our questions quickly & accurately; we knew we could trust them and that there would be no “surprises” or issues at close. Overall the mortgage process can be quite complicated but they did a great job helping us navigate the process and it all came together in the end.
Meet the PPB Mortgage Team!
We’re looking forward to finding a mortgage solution that works best for you!