VA Mortgage
VA loans are offered to veterans or active-duty service members and their spouses. This special financing program offers lower closing costs and interest rates. You may be able to finance up to 100% of your mortgage with a maximum of $484,300. We also have VA Jumbo loan amounts and we have flexible terms/amortization from 10 to 30 years to suit your needs. Contact us today to see if a VA Mortgage is right for you.
What is a VA loan?
A VA loan is a mortgage that is backed by the Department of Veterans Affairs for veterans, active military personnel and military spouses who qualify. With no down payment required and competitive interest rates, it's a great choice for eligible applicants.
Why choose a VA Mortgage?
-No down payment required
-No monthly mortgage insurance
-Competitive interest rates
-Up to 100% financing available
-Finance up to $484,300
-VA Jumbo loans are available as well
-Flexible amortization terms
Normal credit and underwriting approval is required.
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Buying a home is a big investment in your family's future. Uwharrie Bank Mortgage is here to make it the best experience possible. Whether you're purchasing new property, refinancing, buying an investment or vacation home, Uwharrie has a financing plan that will get it done.
A traditional loan with an interest rate that stays the same for the entire term of the loan.
This loan offers a lower introductory interest rate that adjusts after the initial period.
This funds a renovation or construction project and converts to a permanent mortgage later.
A jumbo mortgage is a home loan that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac.
This is an affordable government-backed loan with a low down payment and flexible credit requirements.
A loan offered by the U.S. Department of Agriculture, featuring 100 percent financing for qualified homebuyers.
Uwharrie Bank is committed to helping customers in our community achieve successful homeownership. We have many programs designed to provide solutions to first time homebuyers, including many affordable housing options.
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