Competitive Home Lending Offering Wholesale Rates To Veterans
Veterans in Texas are being offered extended homebuying benefits from Competitive Home Lending, the company announced.
Buyers applying for a VA loan through CHL can qualify for a wholesale VA mortgage rate.
Wholesale rates are typically between 25 and 50 basis points lower than retail rates. This gives veterans the opportunity to buy a more expensive home without increasing their purchase price.
CHL has lowered its credit score requirements for veterans to as low as 500, offering 100% financing.
“Competitive Home Lending recognizes the sacrifice and service of our Veterans and wants to do everything possible to make homeownership more accessible for them,” said Raul Hernandez, Mortgage Broker of Competitive Home Lending.
CHL is also offering VA one-time close construction…