Far and away, the most significant benefit of a VA loan
is the borrower's ability to purchase with no money down.
Apart from the government's UDSA's Rural Development home
loan and Fannie Mae's Home Path, it's all but impossible
to find a lending option today that provides borrowers
with 100 percent financing.
VA loans also come with less stringent underwriting standards and requirements than conventional loans. In fact, about 80 percent of VA borrowers could not have qualified for a conventional loan. These loans also come with no private mortgage insurance (PMI), a monthly expense that conventional borrowers are required to pay unless they put down at least 20 percent of the loan amount.
"We used Vito for our recent purchase of a house in Hoffman Estates. We found Vito very helpful and knowledgeable and easy to work with. He also gave us the best possible rates at the time. We recommend you give him a try if you are in the market for a house. You will not be disappointed."
"I could not have purchased my dream house without the help of Vito, he made the entire process effortless! When other lenders boxed me up against the corner telling me what I couldn't do, Vito made it happen! He made everything seem so easy, while working very hard in the background. I simply can't say enough about how great Vito was to work with."
"Vito was an absolute pleasure to deal with, he definitely helped make our home purchase a lot less stressful. Any questions we had regarding our loan Vito was very quick at getting back to us. I would highly recommend Vito to anyone looking for a home loan expert "
"Vito was amazing!! He helped us to get our credit on track to be able to purchase our first home. He was very professional and helpful with everything we went through. We love our home and will recommend him to all our friends and family. Thank you so much!"
"I have nothing but nice things to say about Vito. He was attentive throughout the whole process. He always answered the phone when I had questions or concerns. He made things run so smoothly. He got my wife and I a fantastic rate (at closing, our interest rate was lower than we thought when we received for the pre-approval)! Once we signed the contract we closed in a matter of weeks! I would HIGHLY recommend Vito!"
"I purchased my first home threw Vito Busano and the experience was Professional, Organized and Timely. At the closing all the bank documents were there a day in advance which allowed me to have a smooth and fast problem Free closing. I HIGHLY RECOMMEND Vito Busano!"
"Vito was absolutely stunning in helping not only obtain a mortgage to get our first home but to help get our credit score up in order to get a lower rate. It was very easy going, incredibly responsive, and beyond helpful with all of our questions. I would highly recommend him for any mortgage assistance you may need."
"My experience with Vito has been outstanding! His confidence was very reassuring to me. I was able to sit back and take a deep breath and just know that Vito had it all under control. He was personable, pleasant to work with, and most importantly he got the job done in exactly the right time frame. He is truly awesome. My realtor and the title company were also VERY impressed with Vito. Thanks to Vito I am comfortably sitting in my new home drinking my first cup of coffee here."
"Vito and his staff at Lifestone Mortgage were AWESOME! They gave me all the numbers upfront and it even came out better than expected! We were ready to close even before the sellers! I would recommend Vito to anyone needing a mortgage broker!"