VA Home Loan Privileges

Take advantage of your VA home loan benefits for the first time or even if you have used one in the past to help finance your home. The VA home loan in Columbia, MO and across the United States is an amazing benefit for all eligible US veterans to purchase a primary residence with no down payment and no monthly mortgage insurance costs, a benefit almost no other loan can offer. Magnolia Bank is based out of Columbia, MO and can help you obtain your VA loan today!

Are you a veteran looking to purchase a primary residence?
Are you looking for 100% financing within city limits?
Do you have a lower credit score and wish to put little to no money down?
Are you looking to refinance your home’s value?

If you answered “Yes” to any of these questions, Magnolia Bank in Columbia, MO is the perfect mortgage lender for you. Call Magnolia Bank, or fill out the form on the side to get in contact with one of our loan officers.

What is a VA Home Loan?

The VA home mortgage program is designed to offer long-term financing to American veterans offered by federally qualified lenders, like Magnolia Bank. VA home loans help veterans purchase properties with no down payment and are guaranteed by the U.S. Veteran’s administration. In addition to no down payment, there is no mortgage insurance added to the monthly payment for VA home loans.

VA Home Loan Qualifications & Features

Eligibility – The U.S. Veterans Administration determines eligibility and issues a certificate to qualifiers to submit to mortgage lender of choice.
Jumbo VA Home Loans – Jumbo VA home loans are available up to $1,500,000.
Fixed-Rate Loans – 30-, 20- & 15-year fixed-rate and 5-year ARM loans available
Refinance – Refinance up to 120% of your primary home’s value.
No Money Down – Buy a home with no money down and no monthly private monthly mortgage insurance.

Google Rating

5.0

Community First Home Loans

Max Prokell

20:58 25 Aug 16

Bobby and his team at Community First Home Loans are great. They take the time to help you find the best home loan options for you, and they do a fantastic job explaining all of your options. I HIGHLY RECOMMEND them to anyone looking for a home loan. Thanks for everything!

jagormanmo

20:41 23 Aug 16

On the contrary, to whoever wrote this childish review about Richie & Bobby, you evidently were gooned out when you wrote this. These men have worked so long & hard for me, getting my loan to go through. I can't even imagine them associating themselves with a "little boy" kind of guy that would write something so childish. You need to go back to school and learn how to Try to put down such hard workers in an adult manner. Grow up young man. I mean't little boy. Jean M.

Brandon Mushlin

19:53 23 Aug 16

I've worked with Richie Duncan in various capacities since 2001. What I know him most for is his straight forward, no time wasting approach with clients, service providers and industry experts. He has been in the industry over 18 years, and he is one of the last I know that will roll up his sleeves to go the extra mile for those clients in tougher situations or with harder credit. Richie continues following up with clients over the years, and his relationship the last 5+ years as a 50 state banker means he is able to help more people that have been put on the back burner. I know many top banks who send him their turn-downs and he is able to work with the client to put them in a loan and great rate. He never pushes you off to an assistant, call it control, or call it an expert wanting to serve his clients, either way, the end result is having a personal advocate in a world that has seen un-trust within the industry. He's rode the industry roller coaster and continues this career for his love of people getting the loan they desire, and his love of the industry, regardless of the continuous changes that come. Richie stays educated and in the know so he can keep you in the know. He has loan options down to a 530 FICO Score for 100% on a purchase or cash out refinance, doing a loan like this takes time, but the programs are available. So please, if you are frustrated, upset with your last experience or are looking for a Mortgage Banker that will always take your calls, then reach out to Richie at Community First National Bank.

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