The VA Loan

The Benefits Of The VA Loan

0% Down Payment

With a VA loan, you do not need to make a down payment, which is one less thing to worry about, as a thank you for your services.

Lower Interest Rates

VA loans typically have a lower interest rate than conventional mortgages due to the face that this loan is backed by the Department Of Veteran Affairs.

No Limits On VA Loan Use

As long as you’re eligible and can qualify with a lender there’s no limits on how many times you use this loan. You could even get two simultaneously in times of a PCS.

You Don’t Need A Perfect Credit Score

Depending on the lender you go with, you score could be 620, or even as low as 580, and some lenders will still approve you to get this loan !

Financing Options & Exemptions

The VA loan has a funding fee (that is the VA’s version of mortgage insurance) that can be financed if necessary, and in cases of a disability through VA, the fee will be exempt.

Eligibility For The Surviving Spouse

As long as the surviving spouse meets the income, credit, and financial requirements, they can use the VA benefit to buy a home and would not need to pay the funding fee.

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House Staging

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Buying Vs. Renting