Are you a Veteran? Do you want to purchase your own home?
Do you know about the VA Home Loan Benefit?
The VA guarantees a portion of the loan against loss, enabling a mortgage lender, such as a bank, private lender or mortgage company, to provide you with more favorable loan terms.
With a VA Guaranteed Loan there is usually no down payment (your time served in the military is your down payment), lower interest rates, no PMI (private mortgage insurance), no penalty for paying off the loan early, the VA may provide you some assistance if you run into difficulty making payments and the best part is its reusable.
The first step is obtaining your VA Home Loan Certificate of Eligibility. The application for the certificate of eligibility primarily checks for your time served and an honorable discharge. Even certain surviving spouses of deceased Veterans may be eligible.
Follow the link below to learn more.
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