Is Bank of England a Mortgage Lender for VA Loans?

Our Bank of England loan professionals are here to serve you. We honor our veterans and look forward to any opportunity to work to get you in a home of your own. Do you have questions? We welcome them. Visit our other online loan application tools! http://www.fhahomeloanapplication.com http://www.usdahomeloanapplication.com http://boetennessee.com

I am a Veteran and want to purchase a home in Sevier County. Should I Pre Qualify for a Loan?

Yes, In today’s high-paced housing market the best thing to do is to be pre-qualified before shopping for a home. Using your VA benefits to purchase your home makes it very affordable. You can buy your home with NO DOWN PAYMENT, and great interest rates. Call us today at 865-429-2797 or fill out the form Read More …

Can you use a VA Home Mortgage Loan to purchase a Second Home?

No, when using a VA home loan the home must be used as the primary residence. There are programs to finance a second or vacation home. To find out how to get pre-qualified we can be reached at 865-49-2797… Or stop in to see us at 967 Dolly Parton Parkway Sevierville, Tn. 37876… Our Bank Read More …

Can you obtain a VA Home Mortgage Loan if you have Bad Credit?

Having bad credit can hold you back from using your VA benefits. However our veteran mortgage bankers can determine if there will be any hurdles to the process and how to overcome any negative situation that arise. Too often people think they have credit challenges and they don’t. If you are thinking of buying or Read More …

Are VA Home Loans difficult to get?

No they are not. Our veteran mortgage bankers have over 20 years experience helping our military service members (whether active or separated)achieve their dreams of homeownership using their VA benefits. Fill out the simple contact form here or give us a call at 865-429-2797, we’d be honored to help! Our Bank of England loan professionals Read More …

Do VA Home Loans have closing costs?

Yes VA mortgage loans do have closing costs associated with them as all mortgages do, but they are preset and minimal to benefit our military service members. Call us to get a snapshot of what is needed to close a VA mortgage loan. 865-429-2797 Our Bank of England loan professionals are here to serve you. Read More …

Do VA home loans require a down payment?

No, as a benefit for active or separated military service members no down payment is required to use a VA mortgage loan to either buy or refinance a home. Here at Bank of England mortgage we cherish the opportunity to serve all those who have served. Call us at 865-429-2797 our mortgage bankers are here Read More …

How do I qualify for a VA Home Mortgage Loan?

People wishing to qualify for a VA home mortgage loan can qualify for 100% financing requiring zero down payment. They can be either active or separated from the military at time of application. Separated service members must have their DD214 available. A minimum 620 credit score is needed to qualify. A VA mortgage lender will Read More …

How do VA Mortgage Loans Work?

VA mortgage loans are guaranteed by the Veterans Administration (VA). The VA does not lend. Lenders such as Bank of England mortgage are approved by the VA to provide service members home mortgage loans. To find out what your VA benefit qualifications’ are call us at 865-429-2797 Our mortgage loan professionals are here to answer Read More …