VA Loans

A VA Loan is designed to offer mortgage financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the Veterans Administration. The VA determines eligibility and issues a Certificate of Eligibility to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Superior Mortgage Services Inc is a VA approved lender located in Cincinnati and serving surrounding areas including [cities], and all of Ohio.

What is a VA Loan?

A VA Loan is provided by the Veterans Administration and requires no down payment. Established in 1944. VA loans have assisted millions of veterans realize the dream of homeownership. VA loans require no money down and will allow less than perfect credit.

Benefits of VA Loans

There are many benefits to VA Loans compared to other options. VA loans do not require a down payment. There is not a payment for monthly mortgage insurance. Interest rates are typically lower. The are no prepayment penalties. VA loans are also assumable.

VA Loan Eligibility

VA Loans are available to active duty military, veterans, reservists and military spouses. You must have served a minimum 90 days of active service during wartime,  181 days of active service during peacetime, 6 years of actice service in the National Guard or reserves or you are the spouse of a service member that has died in the line of duty or as a result of a service related disability.

VA Loan Limits

Different counties have different limits on how much you can borrow for an VA Loan. The maximum loan amount for a VA Loan is $453,100. There are 220 counties that have been identified as high cost areas The maximum loan amount in the high costs areas is $679,650.

Get Pre-Approved for a VA Loan

If you are a veteran in Cincinnati, or anywhere in Ohio, contact Superior Mortgage Services Inc at (513) 474-0899 for more information, or simply fill out the form on this page.