Why a VA LOAN?
There is a $0 down mortgage option available to Veterans, Service Members, and select military spouses. These loans can be issued by private
lenders, such as a mortgage company or bank, and are guaranteed by the U.S. Department of Veterans Affairs (VA). Created in 1944 by the United States government to help returning service members purchase homes without needing a down payment or excellent credit.
Today, the VA mortgage is more important than ever because lenders have tightened their lending requirements since the housing market collapse. The VA loan can be a lifesaver for Veterans and active Military homebuyers have difficulty with tough credit standards and down payment requirements.
It is important to acknowledge that VA mortgages can be complex. Use this VA loan guide to learn about the specifics of this exclusive home loan benefit. If you’re ready to start your VA loan, check your eligibility or have specific questions on the VA loan, contact us today!