What Are the Benefits of the VA Loan?
-No Down Payment
-No Mortgage Insurance
-Easier to Qualify for VA
-Closing Costs are Lower
Who is Eligible to Receive the Benefits?
-Active Duty Service Members
*Over 90 days during wartime, Over 181 days during peacetime
-6 Years of Service in National Guard or Reserves
-Spouse of Service Member that died in the line of duty
How Do I Use The Benefits?
- Apply for your VA-backed Loan Home Certificate of Eligibility
- Choose a Lender
- Private Bank, Mortgage Company, or Credit Union
- Choose a Real Estate Agent
- Begin your home search
