7th Level Mortgage, LLC in New Jersey, PA, DE, FL and NY offers Mortgage loans, Home loans, Refinance Mortgages, Jumbo loans, FHA Mortgage, VA Mortgage, HARP loans, First Time Home Buyers, Commercial and Business loans as well as Reverse Mortgage loans. Visit us at www.7thlvl.com or Call Today 856-322-0233
Tuesday, October 29, 2013
7th Level Mortgage Selected as TOP VETERAN OWNED COMPANY by Philadelphia Business Journal
From the desk ofAnthony Piccone
7th Level Mortgage receives Prestigious award.
Cherry Hill, NJ (PR Newswire) October 29, 2013--
Announcing a special recognition appearing in the October, 2013 issue
of Philadelphia Business Journal published by American City
Business Journals. 7th Level Mortgage LLC was selected for the
"Top Veteran-Owned Businesses"
A spokesperson from 7th Level Mortgage LLC commented on the
recognition: "This is quite an honor for us. The fact that Philadelphia
Business Journal included 7th Level Mortgage LLC in its
selection of "Top Veteran-Owned Businesses," signals that
our constant efforts towards business excellence are paying off. We
are proud to be included in this recognition."
VA Home Loan Benefits
Most VA Home Loans are handled entirely by private lenders or
brokers such as 7th Level Mortgage. The Veterans Administration itself
rarely if ever gets involved in the loan approval process. However, the VA
"stands behind" the loan by guaranteeing a portion of it. If
something goes wrong and you can't make the payments anymore, the lending institution can
go to the VA to cover any losses they might incur. The VA loan guaranty is
the "insurance" that is provided to the mortgage company.
Because the VA is providing insurance on the loan there are a great deal of
advantages given to veterans when using their VA benefits.
Generally speaking almost all active duty
and honorably discharged service members are eligible for a VA Home Loan.
You May Be Eligible If Any One of the
Following are True:
• Served 181 days during peacetime (Active Duty)
• Served 90 days during war time (Active Duty)
• Served 6 years in the Reserves or National Guard
• You are the spouse of a service member who was killed in the line
If you can say
"Yes" to any of one these statements, congratulations, you
may be eligible for a VA Loan!
For more information
or to receive more information, please CLICK HERE.
USDA Rural Development home mortgage loans are specifically
designed to help low to moderate income households purchase homes in USDA
eligible rural areas. USDA loans can be used to purchase an existing home,
build a new home from scratch, or make repairs or renovations to an
existing USDA eligible rural property
HARP 3.0 is on its way however there are
revisions being made to HARP 2.0. If
you previously tried to refinance and were turned down, you may qualify
Most Jumbo or Portfolio Loan programs will require a
minimum of 25% down or a 75% Loan to value - We will go to 80%!.
Most Jumbo or Portfolio Loans on the market today require a minimum of
6-12 months assets in reserves - We only require 2 Months!