Purchasing a home with a VA loan is simple
Recently the VA home loan has become the #1 choice among Veterans and Military home buyers due to the VA loans amazing benefits:
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You can buy a home with NO MONEY DOWN
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VA loans allow loan amounts to $417,000 everywhere in the US and can go up to $2,000,000 in some cases
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VA purchase loans require no monthly mortgage insurance, which puts more money in your pocket every month
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VA loans allow for lower Fico scores than other loans
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Most fees must be paid by the seller or loan officer on a VA loan
Recent testimonials from Military home owners and Veterans that bought a home with a VA purchase loan.
"Using a VA purchase loan was the best thing I could have done for getting into my new house! The process was easy and the interest rate was very low. Thanks"
"My real estate agent told me that VA loans would be hard and that I should not use a VA purchase loan, but try instead FHA. Man am I glad I went VA. I have no mortgage insurance and if I had gone FHA I would have to pay that, not to mention I have NO MONEY DOWN with a VA mortgage."
"Using my VA loan benefits was easy. If I ever decide to buy another home I am for sure going to use a VA purchase loan again.
Some simple VA loan facts:
If you have served honorably during war-time or peace-time, you are entitled to a VA loan.
No down payment is ever required on a VA loan unless you want to borrow more than $417,000
VA loans allow you to negotiate the lowest interest rate possible
Veterans can finance the VA funding fee on VA loans and do not have to bring that cash to close
VA loans are assumable
VA home mortgage loans do not have any pre-payment penalties
We hope you enjoy this site and that it helps you understand better the full array of VA loan options you have when buying your new home. VA purchase loans are greatly under utilized and current statistics from the Department of Veterans affairs indicates that only 10-15% of eligible military home buyers are using VA home loans when purchasing a new home!
