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and find out how to get a FREE Credit Report! First Name: Last Name: Day Phone: Eve Phone: E-Mail: Property State and Zip:   Needed to determine Loan Limit Loan Purpose: New Home Refinance Debt Consolidation Property Value: Property Type: House - Not Manufactured Mobile or Manufactured Other Your Question or Comments: Once you have completed this expression of interest or application your information will be sent to Homestar Financial. A representative from Homestar Financial may contact you by telephone or email. By submitting your expression of interest you are consenting to receive telephone calls or email from Homestar Financial.

HomeStar Financial Salutes the brave women and men who defend our freedom!

Homestar Financial always provides great Mortgage Rates and Service, but,...

We go above the call of duty to secure VA loans for the men and women who defend our freedom with great VA loan programs and VA mortgage rates guaranteed by the Veterans Administration.

In the “mortgage meltdown” era, a VA Loan may be the only option for veterans to buy or REFI their home. It’s one of the only loan programs left with a Zero Down Payment option and NO PMI (Private Mortgage Insurance - payments)

Mortgage Rates are still at or below 5% but they are beginning to creep up, as we had predicted.  So,... it’s time to get off the fence and ACT NOW to take advantage of the VA Loan program and these great rates!

The VA loan program began in 1944 when the servicemen's readjustment act, also known as the GI Bill was signed into law by President Roosevelt. The GI Bill of Rights provides veterans with a federally guaranteed home loan with no down payment. This feature was designed to provide affordable housing for veterans and their families. To this day, the Veterans Administration continues to provide this program and the dream of home ownership to those that defend our freedom.

Guaranteed VA loans

A VA guaranteed loan is made by a private lender Example’s are:  Banks, savings and loans, or mortgage companies.  These loans are made to eligible veterans for the purchase of a home which will be for their own occupancy. The VA does not lend the money or service the loan.  The Veterans Administration guarantees a portion of the loan to the lender.

Benefits of a VA Home Loan

• Equal opportunity for all qualified veterans to obtain a VA loan
• No down payment
• Buyer informed of reasonable value
• Negotiable interest rates
• The funding fee is included in the loan amount
• Closing costs are also comparable to other financing programs
• No mortgage insurance
• VA loans are assumable
• No pre-pay penalties
• Homes are thoroughly inspected by VA
• VA assistance to borrowers in danger of default (foreclosure) due to temporary financial challenges

The more you know about the VA home loan program, the more you will realize how little "red tape" there really is in obtaining a VA loan. These loans are often made without any down-payment at all, and frequently offer lower interest rates than those available with conventional loans. Aside from the veteran's certificate of eligibility and the VA assigned appraisal (arranged by Homestar Financial, LLC.), the application process is not much different than any other type of mortgage loan.  And,… if the lender is approved for automatic processing, as more and more lenders are now, a buyer's loan can be processed and closed by the lender without waiting for VA's approval of the credit application.

Note: It is a common misunderstanding that the Veterans Administration (VA) issues home mortgage loans. Instead, the VA guarantees loans made by approved lenders like Homestar Financial.  These guaranteed loans are called “VA loans”. GIRefi.com was started to assist our veterans and their families in finding information on VA mortgage loans.  One of the most important benefits you receive from Uncle Sam for serving our country is the opportunity to take advantage of a VA home mortgage. Homestar Financial is honored to help our veterans and those currently in the military to understand this important benefit. Mike Heitzman, our VA loan professional,has dedicated himself to understanding the VA loan process. He is a mortgage professional who understands the VA loan process from top to bottom. Mike can help you decide if a VA mortgage home loan is the right loan for you and your family.

Our fiend Robert Maples, M.P., on duty in Iraq.

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Homestar Financial, LLC. - Great VA loans and even better service in Florida, Indiana, Kentucky, Ohio and Virginia from our headquarters at: 4460 Carver Woods Drive - Cincinnati, OH 45242
Call 1-800-259-9334

Got a question about the VA Loan Process?  E-mail: mbehrens@homestarnow.com

License Information
Florida Mortgage Broker License - CL100000129, Indiana Mortgage Broker License - HUD Exemption, Kentucky Mortgage Broker License - MB23264, Ohio Mortgage Broker License - MB.803913.000, Virginia Mortgage Broker License - Virginia State Corporate Commission License MB-4313

HUD - 22187-000-8 T2