Who Can Apply for a Vendee Loan?
Both Veterans and Non-Veterans can apply. Purchasers can be Owner-Occupants or Investors. Q: How do I apply for a Vendee Loan? A: Have either your representative or yourself contact the Listing Agent for detailed instructions on how to submit your loan package. All forms and instructions are located in the Ocwen Vendee Financing Section of this web site. Q: What are the Benefits of a Vendee Loan? 1. Easy application process 2. Reduced closing time 3. Competitive fixed interest rates 4. Low down payment 5. No mortgage insurance required 6. No tax service fee 7. No appraisal fee 8. No flood certification fee Q: How do I know if I will qualify for VA Vendee financing? A: Non Veterans as well as Veterans are eligible to apply for VA Vendee financing. Credit Scores are not used as a determining factor in VA Vendee financing approval. Q: What are the closing costs associated with VA Vendee financing? A: Closing costs are state specific. We do not require Title Insurance, Appraisal, Survey, o
