Far and away, the most significant benefit of a VA loan
is the borrower's ability to purchase with no money down.
Apart from the government's UDSA's Rural Development home
loan and Fannie Mae's Home Path, it's all but impossible
to find a lending option today that provides borrowers
with 100 percent financing.
VA loans also come with less stringent underwriting standards
and requirements than conventional loans. In fact, about 80
percent of VA borrowers could not have qualified for a
conventional loan. These loans also come with no private
mortgage insurance (PMI), a monthly expense that conventional
borrowers are required to pay unless they put down at least
20 percent of the loan amount.
Down payment as low as 0%.
Competitive interest rates that are routinely lower than conventional rates
No prepayment penalties
Higher allowable debt-to-income ratios than for many other loans
Streamlined refinancing loans that require no additional underwriting
"I refinanced my townhome twice in last 6 months from Rohit, both times he gave excellent rates and hassle free service, and offered whatever he had initially committed. I would highly recommend Rohit."
"After talking to Rohit for the first time, I realized that he has a good knowledge about the market and refinancing process. He offered us a true zero cost loan. He was very transparent right from the beginning. I was changing the job in the middle of the refinancing. I informed this to at the very beginning and he made sure that lender/underwriter will have no issues. Also, the loan got closed very quickly. I would love to work with him again in the near future. I also highly recommend him to everyone."
"Rohit helped me in my first home purchase & as well in Re-finance later on. When you buy your first home you definitely need someone knowledgable, caring & 100% transparent to confidently sign on the mortgage documents - Rohit delivers them all. Being an independent Mortgage consultant, the product recommendations from Rohit are absolutely suited to meet a customer's needs. He explains the finer details & gives enough time to make a decision. Even if you happen to lock the rates with him on one product and if the market happens to get you a better product before you close, he will transparently discuss those details with you & enable/guide you to make the right decision. He & his team ( Jhonny) definitely stand out in providing great customer experience end to end. I would highly recommend you to consider Rohit's services as your first choice for any Mortgage needs. Thanks Rohit & Team for all your services."
"Its no surprise why Rohit Mohan has 5 Star reviews. Rohit helped us purchase our 1st home. We were referred to him by a good friend who has had extremely good experience working with Rohit. We were anticipating delay in closing due to Holidays and Covid-19. But Rohit and his team worked relentlessly through the holidays to help us meet the closing. He kept us well informed, set right expectations with clear communications. We also received sweet interest rates. Rohit was just 1 call away. He answered all our questions regarding lending, sometimes also explained the reason and history behind it. :) He is sound and keeps himself well updated to the latest. Thanks much for your help!"
"Rohit is the GOLD STANDARD when it comes to mortgage lending. I have been working with Rohit for 15 years and every single time he delivers to his promise in providing solutions that put a smile on my face. Rohit is an incredible advisor as he takes the time to understand the customer needs and shares solution options that are relevant to them. I highly recommend working with Rohit and his extremely efficient and friendly team!!"
"Rohit has been awesome. He provided very good options when it came to refinancing and made sure we get the best. He answered all the questions and and was always available to talk. He was quick to respond and made sure our process moved swiftly."
"Rohit is the best out there for mortgage financing. He not only got me the best rate for 30 years fixed but also got me credit (yes, credit!). Other mortgage brokers can help you get a good rate but Rohit goes beyond that. He asked me to wait to lock my interest rate till he felt the rate was perfect. At the right moment he locked it. He was able to predict short term interest rate fluctuations with very high accuracy. Therefore, he has a great knowledge of the bond market and is able to decide if one should wait for lower interest rates or not. I highly recommend Rohit Mohan!"
"From day one, Rohit made the process very easy to navigate. Appreciate the even lower rate than what I was promised! Also my emails were responded promptly."
"I am Very pleased with Rohit's service. He has been very helpful and prompt in response time. Entire staff is very polite and provided update on a daily basis. I will definitely recommend them to my friends & colleagues. My loan was closed in a record time. Thank you Rohit & team."
"It is pleasure to work with Rohit for my refinance. I worked with other lenders before and it was a lot of back and forth to get the documents and provide additional details as required by underwriters. But with Rohit and Johnny, they got the exact documents they need initially and helped me provide additional documents as required by underwriter with little effort. They did this very efficiently and it did not take much of my time at all. They completed my refinance in 2-3 weeks and delivered as they promised. Its a pleasure to work with Rohit and team and I recommended him to all my friends."
"Huge thanks to Rohit and Johnny for walking me through the process and helping me close on the loan all while dealing with the fluid situation with the world and the market. He called me multiple times to explain the process and in the end got me through a great loan. He recommended waiting when necessary and recommending taking action when necessary. No BS involved. Very happy with the experience."
"Rohit is remarkable to work with. He is exceptionally knowledgeable about the Mortgage process and offers the best possible rate to suit your requirements and very transparent. While we were going through our refinancing when the rates dropped, he immediately brought it to our attention and gave us the lower rate. That act in itself is amazing! He cheerfully answered our calls, texts and emails even at late evenings. This trait is hard to find these days. Thank you Rohit! Rohit's team, especially Johnny needs a special mention. He kept us updated with documents and answered related queries. Working with Rohit was a wonderful experience and we would unhesitatingly recommend Rohit to anyone who needs a trustworthy, candid and proficient mortgage specialist."