What Can A VA Loan Do For You?
The priceless bravery and sacrifices of veterans and active military, the rest of the country’s civilians can live the American dream in safety. As one tangible way to say “thank you for your service,” current and former members of the military have access to Veterans Affairs home loans. These unique mortgage options allow veterans and those still serving to own a piece of the American dream by potentially qualifying for homes they might have thought were out of reach.
Veterans, active-duty service personnel, and select Reservists or National Guard members are among those who can quality for VA loans. (Find specific eligibility requirements here.) Wondering what some of the benefits of a VA loan might be? Here are five to consider.
1. No down payment
This is one of the most valuable and touted benefits—and for good reason. Saving enough for a down payment can be the biggest obstacle to buying a home. But a VA loan eliminates that roadblock.
To read more: https://www.realtor.com/advice/finance/va-loan-benefits/