A&D Mortgage Expands Into Important VA Loan Programs

A&D Mortgage, LLC (“A&D Mortgage”), a nationwide wholesale lender, has launched two new VA loan programs designed to help veterans, active-duty service members, and spouses purchase property with greater ease and flexibility. These initiatives are part of A&D’s ongoing commitment to expanding access to affordable and streamlined mortgage solutions.

VA Standard: Flexible Financing for Homeownership

The VA Standard Loan allows qualified borrowers to buy, build, repair, maintain, or adapt a primary residence – with terms that offer both confidence and convenience.

  *   Loan amounts up to $2 million
  *   Minimum FICO score of 580
  *   Up to 100% CLTV
  *   $0 down payment required
  *   No private mortgage insurance (PMI)
  *   Limited closing costs
  *   Temporary rate buydown options

VA IRRRL: Refinance Made Simple

The VA Interest Rate Reduction Refinance Loan (IRRRL) helps existing VA loan holders lower their monthly payments and interest rates – with a fast, hassle-free process.

  *   Loan amounts up to $1.5 million
  *   Minimum FICO score of 580
  *   Up to 100% CLTV
  *   No appraisal required
  *   High-balance loans allowed
  *   No income verification, ownership certification only
  *   $500 cashback available from incidental closing adjustments

“At A&D Mortgage, we honor the service of our veterans by helping them to achieve the dream of homeownership. This launch is also a strategic step forward, expanding our product portfolio to include one of the largest and most stable segments in the mortgage market,” said Max Slyusarchuk, CEO of A&D Mortgage. “Our broker partners now have even more opportunities to grow their business, backed by the same award-winning service and cutting-edge technology they’ve come to expect from us.”

This expansion marks another step in A&D Mortgage’s strategy to meet market demand with smart, scalable lending solutions and to equip brokers with more ways to serve their clients.