The Redmond Mortgage Team, The Redmond Mortgage Team at Redmond Mortgage
The Redmond Mortgage Team, The Redmond Mortgage Team
Redmond Mortgage
Phone: (256) 705-0985
Email: [email protected]
NMLS# 909550
Company NMLS# 1886189
Licensed in: AL, GA, FL, TN, NC
Redmond Mortgage is an equal housing lender. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, and program availability. Terms and conditions are subject to change without notice. Not all borrowers will qualify. NMLS #1886189
LOAN PROGRAMS
With Robins Air Force Base anchoring the Warner Robins community, military families are a vital part of Central Georgia. If you are a veteran, active-duty service member, or eligible surviving spouse, the VA loan program offers one of the most powerful homeownership benefits available anywhere in the mortgage industry.
VA loans are backed by the U.S. Department of Veterans Affairs, which means lenders face reduced risk and can pass significant savings along to borrowers. Here are the headline benefits that make VA loans stand out:
No down payment required: Qualified borrowers can finance 100% of the home's value. This is a game-changer for military families who may move frequently and have not had years to save.
No mortgage insurance: Unlike FHA and most conventional loans with less than 20% down, VA loans do not require monthly mortgage insurance premiums. This saves hundreds of dollars per month.
Competitive interest rates: VA loans typically offer rates that are lower than conventional products because of the government guarantee.
Flexible credit requirements: The VA does not set a minimum credit score, though individual lenders usually look for a 620 score. The overall underwriting is more flexible than conventional.
Limited closing costs: The VA restricts what fees veterans can be charged, keeping more money in your pocket.
You may be eligible for a VA loan if you meet one of the following criteria:
90 consecutive days of active service during wartime
181 consecutive days of active service during peacetime
6 or more years of service in the National Guard or Reserves
You are the surviving spouse of a service member who died in the line of duty or from a service-connected disability
Your eligibility is verified through a Certificate of Eligibility (COE), which we can help you obtain directly through the VA.
As of 2020, there is no official loan limit for borrowers with full VA entitlement. If you have remaining entitlement from a previous VA loan, limits may apply based on your county. In Central Georgia, the conforming limit is well above the median home price, so most buyers will not face any cap.
Most VA borrowers pay a one-time funding fee rather than mortgage insurance. This fee ranges from 1.4% to 3.6% of the loan amount, depending on your down payment and whether it is your first VA loan use. The fee can be rolled into the loan, and certain borrowers — including those with service-connected disabilities — are exempt entirely.
Between the strong military presence at Robins AFB and the affordable cost of living in Houston County, VA loans create a perfect match. Buyers can purchase a quality home in Warner Robins, Perry, or Byron with no money down, no monthly mortgage insurance, and a competitive rate. That combination is virtually unbeatable.
The first step is obtaining your COE and getting pre-approved. At Redmond Mortgage, we work with multiple VA-approved lenders to compare rates and terms on your behalf. The process is straightforward, and we guide you through every document and deadline.
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Get your COE and pre-approval letter. We handle the paperwork and shop multiple lenders for your best rate.
Independent mortgage brokerage serving Central Georgia with multiple lender options.
NMLS# 2656816
Company NMLS#
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