Mortgage Sense

Can a VA loan be used more than once in a lifetime?

Can a VA loan be used more than once in a lifetime?

If you’re a veteran of the US armed forces or on active military duty, you probably have heard of the VA loan. This government-backed mortgage can make homeownership more affordable for eligible borrowers by providing financing that requires no down payment and no private mortgage insurance. In addition, VA loans can offer lower interest rates, lower monthly payments and loan terms that are typically more favorable than conventional mortgages. 

But what many homebuyers affiliated with the military may not know is that VA loan benefits can be used more than once. 

Continue reading Can a VA loan be used more than once in a lifetime? at Movement Mortgage Blog.

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