The VA Home Loan Advantage: What Every Veteran Should Know Right Now
The VA Home Loan Advantage: What Every Veteran Should Know Right Now If you’ve served in the military (or if your spouse has), you have access to one of the most powerful homebuying tools out there. The chance to buy a home without having a down payment. Unfortunately, 70% of Veterans (that’s 7 out of every 10) don’t know about this benefit, according to Veterans United. And that’s a big missed opportunity for those who’ve earned this benefit through service. So, let’s break down what you really need to know about Veterans Affairs (VA) home loans right now. Why VA Home Loans Can Be a Great Option For nearly 80 years, VA loans have made homeownership possible for millions of Veterans and active-duty service members. Here are just a few of the top perks according to the Department of Veteran Affairs : Options for $0 Down Payment: Many Veterans can buy a home without spending years saving up. Fewer Upfront Costs: The V...
