VA Loans: Home loans for military service members.
If you’re a eligible Veteran, active duty service member, or reservist, you may be qualifying for a VA Home Loan. This Department of Veterans Affairs loan program helps Veterans, service members, and their families finance the purchase of a primary residence. If you’re interested in learning more about this loan program and how it could benefit you, please read on.
The VA Home Loan is a great option for eligible Veterans as it offers several key advantages. For one, with a VA Home Loan there is no down payment required. Plus, you can also avoid paying private mortgage insurance (PMI). Additionally, the interest rate on a VA Home Loan is often lower than the interest rate on a conventional loan. And lastly, there are no prepayment penalties with a VA Home Loan. So if you do have the opportunity to pay off your loan early, you can do so without incurring any additional fees.
FHA Loans: Lower down payment and flexible credit requirements.
If you’re ready to learn more about these home loan programs and see if you qualify, we encourage you to reach out to us. We would be more than happy to discuss the program with you in further detail and help you get started on the path to homeownership. Contact us today to get started!
See if you qualify for a VA or FHA loan.