NC VA Construction Perm Loan
The people who first used politically correct terms were likely very well-intentioned in their efforts to spare the feelings of those who took offense at a certain language. Unfortunately, this had unforeseen consequences that at times borders on the ridiculous, if not insane. Some humorous examples are calling short people “vertically challenged”, bald people are now ”folically independent” and a dead person is now “living-impaired”.
No Unneeded PC here
One area largely unscathed by political correctness is the US Armed Forces where straight talk without the use of euphemisms is necessary and the fear of offending anyone takes a back seat to the realities of armed conflicts. Veterans who have returned home to Georgia, North Carolina, and South Carolina and are looking to settle down will be glad to know that AmeriSouth Mortgage Company will engage with them in clear terms as they seek to purchase a house using their VA benefits.
AmeriSouth, based in Charlotte, NC and licensed in the three-state area, offers a variety of financial products to help people realize their dreams. These include conventional fixed and variable rate loans and government-backed loan programs including NC VA construction perm loans. Some features of the VA loans are:
- Depending on your situation 100% financing may be available that will allow you to handle the other expenses of moving into a new home like buying furniture or altering the landscaping
- Did your rich Uncle Billy suddenly give you money to thank you for your service to the country? You can use those funds if you choose to make a down payment and lower your monthly installment or use it to take care of closing costs.
- Compared to conventional financing the VA loans will be at a lower cost.
- VA loans are assumable by other veteran and people with no military service who are credit qualified.
Do You Have Credit Issues?
Veterans with some past credit issues will get some allowances with AmeriSouth NC VA construction perm loans. A low credit score of 500 is allowable with automated underwriting while a minimum score of 560 is needed for manual underwriting. The cash-out allowance is 100% LTV (Loan-to-Value) and even a bankruptcy allowance of less than 2 years is permitted with automatic underwriting.
In business since 1990, AmeriSouth continues with its commitment to stay small serving Georgia and the Carolinas from the Charlotte office. The mortgage professionals and support staff have about 140 years of combined experience with the company and their customer base numbers around 12,000. If you are a veteran looking for a VA loan or someone exploring all financing options, then the first call to make will be to AmeriSouth at 704-845-9400 or toll-free at 800-849-2378. The online form can also be used to request information.