Buying a Home with a Port Barrington VA Loan
A Port Barrington VA purchase loan helps service members and Port Barrington veterans become homeowners. The Port Barrington VA loan program was designed to offer veterans and eligible surviving spouses a way to get long-term financing for a Port Barrington, IL home when they might not be able to otherwise. It’s easier to qualify for a VA purchase loan in Port Barrington than it is for a traditional mortgage, and it can be a great option for the more than 22 million veterans and active members of the military. Find out how a Port Barrington VA loan can help you get into the home of your dreams. Most members of the military, veterans, National Guard members, and reservists are eligible to apply for a Port Barrington VA purchase loan. Spouses of military members who died during active duty or because of a service-connected disability may also be eligible, as are military spouses in some other situations. We are ready to help you determine whether or not you are eligible for a VA loan in Port Barrington, Illinois and the benefits it provides.
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If your looking for a personal Port Barrington, Illinois VA mortgage experience you’ve come to the right place. Get the best of both worlds with a designated VA professional and technology. What’s even better are the lower rates, no upfront fees and fast closings. Rates so low the nations largest VA lenders panic when consumers find out about our Smart VA mortgage rates.
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Port Barrington is a village in Lake and McHenry counties in the U.S. state of Illinois. It was formerly known as Fox River Valley Gardens. Fox River Valley Gardens’ village board voted 4-3 in September 2002 to change the community’s long name to Port Barrington. There was a fight over the town name when the new Riverwalk subdivision homeowners were sold homes with a Barrington (60010) village name and zip code. In 2002, when the town announced that it would change to “Fox River Valley Gardens”, the new home values fell significantly and immediately. Some people trying to sell their homes at the time found themselves “underwater” (selling at a loss). This prompted citizens in the Riverwalk section of town to express their objection to what appeared to be a “bait and switch” in the town name and zip code as it affected home value. There were several tense town meetings where legal action was being considered by the new residents of the village. The population was 1,517 at the 2010 census,[3] up from 788 in 2000.
The town is a very active community. Winter has people snowmobiling, cross country skiing, ice fishing and ice skating on village trails and lakes. In the summer, cyclists, runners, fishermen and boaters come from all over the area to this town. The Broken Oar and the Lake County Marina are the two largest attractions.