Is your family in the market for a new home? Maybe you are affiliated with the military, either active duty or veteran status. In that case, you may be eligible for a VA home loan from the US Department of Veterans Affairs’ VA loan program.
This is a fantastic opportunity to get a mortgage with built-in consumer protections, excellent terms and loads of benefits, like:
- 100% financing available, no down payment required
- Low closing costs
- Low mortgage rates
- High loan limits
- Low credit score requirements
- No mortgage insurance
Applying for a VA Loan is not solely dependent on the vet
Little known fact: the process of applying for this government-backed mortgage program is not limited to just the person who’s affiliated with the military.