iServe VA Loans Review

iServe Residential Lending is a multi-state residential mortgage bank founded in 2007.

Its services include offering financial assistance and mortgage services to consumers.

iServe is a customer-centric organization that provides a diverse platform of mortgage solutions.

The company helps active military personnel, veterans and their families take advantage of VA home loans guaranteed by the U.S. Department of Veteran Affairs.

This home loan programs are designed to make home ownership more affordable, refinance their existing home mortgage or get access to much-needed cash.

Services and Features

iServe Residential Lending offers VA loan programs with up to 135% LTV on Interest Rate Reduction Refinance Loan for an existing VA loan.

The company also provides 100% purchase financing and cash out refinance for veterans, active military personnel and their families.

Benefits of a VA Loan include zero down payment, no monthly mortgage insurance premiums, and can be used more than once.

To qualify for a VA Loan, an applicant must be an active-duty personnel, veteran, reservists, and surviving spouses of veterans.

The length of the customer’s service commitment and duty status is used to determine their eligibility for specific home loan benefits.

Some factors that also affect VA Loan applications include credit score, COE, income, and certain service requirements.

Benefits

• Can be used more than once
• VA rules limit the amount customers can be charged for closing costs
• 100% financing towards purchasing a new home, refinancing a current mortgage, or improving an existing home
• Zero down payment
• No monthly mortgage insurance premiums
• Closing costs may be paid by the seller

Qualifications

Qualified Properties

• Townhouses
• 1-4 unit residential properties
• Approved condominiums

Qualified Borrowers

• Reservists
• Active-duty personnel
• Surviving spouses of veterans
• Veterans

VA Loans at iServe Residential Lending

iServe Residential Lending customer-focused services makes the process of applying for a VA Loan much simpler.

And with all the unique benefits that a VA Loan offers, owning or refinancing a home is much easier and cheaper.

See other VA loans at our review of the Top 10 Best VA Loan Providers of 2018.