$2,500 Grant for Utah Veterans
Castle & Cooke Mortgage has been serving Utah Veterans and their families since 2005.
A $2,500 grant from the Utah Housing Corporation and the Utah Department of Veterans and Military Affairs can be used in conjunction with a variety of our loan programs, including VA Loans. It can be used in a variety of ways, whether to pay down debt, down payment assistance, closing cost assistance, etc. Some restrictions on use might apply depending on the loan program.
Funds are limited! To find out if you qualify for this grant, contact a Castle & Cooke Mortgage loan officer today.
Keep reading below to explore more of your VA Home Loan Benefits:
VA loan benefits
- Up to 100% financing
- Purchase options: Some VA loans require no down payment, although additional loan expenses, such as closing costs, may still apply.
- No mortgage insurance: No monthly mortgage insurance or mortgage insurance premium is required.
- Refinance options: When you refinance your VA loan with Castle & Cooke Mortgage, you may be able to borrow up to 100% of your home's value. If you're interested in reducing your interest rate instead, ask about an Interest Rate Reduction Refinance Loan (IRRRL streamline) that may let you skip the appraisal.
Eligibility
VA loans are available to eligible individuals who are either currently serving or have served in the U.S. Uniformed Services, as well as their qualified surviving spouses. Those services include:
- United States Army
- United States Marine Corps
- United States Navy
- United States Air Force
- United States Space Force
- United States Coast Guard
- United States Public Health Service Commissioned Corps
- National Oceanic and Atmospheric Administration Commissioned Officer Corps
VA loan requirements
- Service type: Length and type of service may impact the type of VA loan you can qualify for. Your loan officer can answer all your questions about eligibility and help you understand your options.
- Funding fee: A funding fee, which is a percentage of the loan amount, may be required to help defer some of the loan’s cost to taxpayers. Disabled veterans don't pay the fee.
- Loan limits: While the VA does not put a cap on how much an individual can borrow to finance a home, there are limits on the amount of liability the VA can take on. That may impact how much you can borrow without making a down payment.
Thank you for your service. We're proud to serve our Utah Veterans. Click here to contact a Castle & Cooke Mortgage loan officer today.
