Real Estate Blog
VA Loans can make homeownership possible for those who have served our country. Here's some helpful information about this type of home loan.
But first, let's tackle what a VA home loan is. It's a government-backed mortgage option available to Veterans, service members, and surviving spouses. VA loans are made by private lenders, like mortgage companies and banks, and not the Department of Veteran Affairs.
It can be used to offer competitive interest rates and terms and to purchase a single-family home, condominium, multi-unit property, manufactured house, or new construction.
Who is Eligible for VA Home Loans?
What can VA Home Loans be used for?
What are the benefits of VA Home Loans?
We've listed some of the many benefits of a VA loan:
VA loans are arguably the most powerful loan option on the market. They come with a list of big-time benefits, including $0 down payment, no mortgage insurance, flexible and forgiving credit guidelines and the industry's lowest average fixed interest rates.
Every Veteran buyer's situation is different, and going over all of your loan options with a home loan specialist can help ensure you make the best financial decision possible.
Homeownership is the American Dream. One way we can honor and thank our veterans is to ensure they have the best information about the benefits of VA home loans.
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VA Loans can make homeownership possible for those who have served our country. Here's some helpful information about this type of home loan.
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