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VA LOANS
​I am a Military Veteran or am actively serving.
VA Purchase Loan Benefits
One of the primary benefits of a VA loan is that if you qualify, it's 100% financing without requiring mortgage insurance. This could mean hundreds of dollars of savings each year.
Some states even offer property tax reductions to military borrowers (please consult a tax professional).
VA Loans for Military and Veterans
If you’re active-duty military, a veteran or an eligible family member of a military veteran, you may qualify for a Veterans Affairs loan. The VA Mortgage is a government-based product offering 100% financing of the reasonable value of the property, with less restrictive qualifying terms than conventional programs.
House Grants for Service Related Disabilities
Those eligible for an adapted housing grant through Veterans Affairs can get help with a service-connected disability purchase, build an adapted home or adapt an existing home to support their disability.
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If you’re a military veteran looking to buy, refinance a VA loan or want to learn more about VA homeownership benefits, let us know today.
Disclaimers:
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*In addition to the eligibility criteria outlined in the presentation that all eligible Veterans and Reservists must meet all VA income, asset, and property requirements. The amount of the VA entitlement or the entitlement plus the down payment must equal 25% of the property’s reasonable value.
Additional VA Loan Benefits
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No Prepayment Penalty
You can pay off your loan early without any financial penalty, saving money on interest over time. -
Foreclosure Avoidance Support
The VA offers financial counseling and support to help borrowers avoid foreclosure if they fall behind on payments. -
Reusable Benefit
You can use the VA loan benefit multiple times throughout your life, as long as previous loans are paid off or entitlement is restored. -
The VA Interest Rate Reduction Refinance Loan (IRRRL) offers an easy way to refinance to a lower rate with minimal paperwork.
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