VA Mortgage Loans
How VA
Loans Work?
Veterans, Thank You For Your Service!
Answer the following questions to get the ball rolling to purchase, build, refinance or renovate your new home utilizing your VA home loan benefits.
Loan Purpose
Satori Hero Program
A collective of discounts and free services to aid our nation's heroes as they support and protect us, each and every day. Who Qualifies? Veterans, Active Military, Healthcare Workers, Law Enforcement, EMTs, Firefighters, Teachers and Foster Parents
Bank Busting Rates
We maintain an array of dedicated, national mortgage investors. Stop paying your bank's leadership team and excessive, overhead costs. We offer wholesale pricing to give you the lowest rates available in the market.
No Hidden Fees
We are transparent about our fees and the timing of the application process. We are committed to provide accurate information at all times.
VA Loans 101
Backed by the Veteran's Administration, VA loans are offered with low rates and can be easier to qualify when compared to other programs available. This, coupled with no down payment requirement, makes them very popular among first-time homebuyers, repeat buyers, and existing homeowners looking to purchase, refinance, build or renovate. Free Consultation
We will review your questions and help guide you through the VA Loan Process. We are there for you from first phone call, to first key turn and long after. VA: Standard Loan
The VA Fully Amortizing Fixed Loan program can help the nation’s men and women in uniform, as well as qualifying Veterans, purchase or refinance a home with up to 100% financing. Additionally, our highly qualified and trained staff may be able to help you achieve a full, funding fee waiver, by facilitating an amended, VA Certificate of Eligibility.
VA: Renovation Loan
The VA Renovation loan program is a government-backed initiative designed to help active duty military personnel, reservists and Veterans take advantage of up to 100% financing that covers not only the current value of the property, but also the cost of remodeling and repairs, as well.
VA: Construction Loan
The VA One-Time-Close, Construction-to-Permanent Loan, provides all-in-one financing, combined with the benefits of VA loans, including up to 100% financing. The all-in-one construction-to-permanent loan combines the cost of home construction, lot purchase/land payoff and permanent mortgage into a single closing. Once the closing is complete and the loan is in place, borrowers don’t have to worry about re-qualifying once the home construction is finished.
VA: IRRRL
The VA Interest Rate Reduction Refinance Loan (IRRRL) provides the qualified borrowers the opportunity to refinance an existing VA loan into a new VA loan with the purpose of lowering the interest rate or changing the loan term. There is no appraisal or income required to qualify for this loan. Additionally, there is a minimal credit check to ensure that mortgage payments have been paid for the last 12 months, prior to entering the new loan.
SATORI MORTGAGE
NMLS # 4190
Mortgage Broker
2808 West Broadway
Minneapolis, MN 55411
(866) 405-3697
info@satorimortgage.com
Complaints may be directed to:
Phone: (855) 906-6784 or
Email: compliance@satorimortgage.com
JOIN OUR NEWSLETTER
Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV