Active duty service members know all too well that deployments can make it challenging to build credit and put money away in the bank. The same is true for many Veterans who are working hard to save money to keep up the lifestyles they are used to. Fortunately, this doesn’t have to hinder military personnel from purchasing the home of their dreams.
VA loans are one of the most advantageous loan programs available. Military personnel and their families are entitled to many benefits and flexibilities that make home ownership more attainable. With a VA loan, qualified buyers can finance up to 100% of the value of the home and do not need to come up with a down payment. As an added bonus, VA loans do not require private mortgage insurance. This is great news for those who are ready to become homeowners but not ready to dip into their savings account.
VA loans are the government’s way of giving back to those who have bravely served our country. They are quickly rising in popularity and helping thousands of Veterans take full advantage of
their government entitlement.
If you are considering home ownership, there is nothing standing in your way. Learn more about the savings and benefits of VA loans and how they can work for you!