One advantage to having served our great country is the VA Home Loan.
This is a 100% Loan - Plus the VA Funding Fee.
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2.15% First time use and no down payment
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3.3% Second time use and no down payment
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0% for Disabled Veterans with service-connected disabilities.
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If you do have a down payment, the funding fee can be reduced based on the amount of down payment. You lender can provide more details on this.
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Rates vary for Reservist and National Guard members.
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2.4% First time use and no down payment
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3.3% Second time use and no down payment
What are the advantages of a VA Home Loan ?
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100% Financing
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No PMI - Private Mortgage Insurance
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Seller can pay ALL Closing Cost and Pre-Paid Items (Pending terms of your negotiated contract)
Can someone have more than One VA Loan ?
Answer: YES
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Based on credit approval and the Sale Price of the 2nd home.
This can vary depending on the time of your service dates.
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Wartime Service
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WWII
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Korean War
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Vietnam War
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Peace time Service period as follows:
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7/26/1947 to 6/26/1950
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2/1/1955 to 8/4/1964
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5/8/1975 to 9/7/1980 (Enlisted)
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5/8/1975 to 10/16/1981 (Officer)
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Service after 9/7/1980 (enlisted) or 10/16/1981 (officer)
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Gulf War - Service during period 8/2/1990 to date yet to be determined
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Active Duty Service Personnel
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Selected Reserves or National Guard
Click here to see ALL homes For Sale in Clarksville, TN and Oak Grove, KY and the Surrounding areas. If you are not ready to Purchase a home at this time, we also offer Rentals as well until you are ready to find that perfect home.
Roland Woodworth is a Realtor licensed in both Tennessee and Kentucky.
In Montgomery County Tennessee and Christian County Kenucky (Fort Campbell, KY) your VA Loan can purchase a home up to $417,000.00
Information in this post and links via the Department of Veteran Affairs website. VA funding fee may change in the future.
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Think Clarksville * Think Fort Campbell * Think Real Estate * Think Roland
Licensed in both Tennessee & Kentucky. Please don't keep me a secret, if you know anyone looking to BUY or SELL, Please send me their contact informtion and give them my name and number.
View my website at Clarksville Home Information or Fort Campbell Housing
Roland Woodworth is a member of NAR's Short Sales & Foreclosure Resource
Roland Woodworth, REALTOR ® Exit Realty Clarksville
Call: 931-320-9411
E-Fax: 866-596-2172
Clarksville TN Homes For Sale, Clarksville TN - Roland Woodworth, REALTOR
I specialize in helping families relocate to and from the Clarksville, TN and Oak Grove, KY - Fort Campbell, KY and the surrounding areas. I have the tools to market your Home For Sale including New Construction, Short Sales, Foreclosures, Distressed Properties. I'm a US Army Verteran still serving the Clarksville, TN amd Ft Campbell, KY area. Looking to sell your home,give me a call at 931-320-9411
TN Lic # 273649 - KY Lic # 57120
Exit Realty Clarksville 931-647-9900
1289 Northfield Dr. Ste 3. Clarksville, TN 37040
Each Exit Realty Office is Independently Owned & Operated
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Good info, Roland, thanks for putting it out there. I used to use VA loans all of the time, more than 50% of my transactions in Calif were with VA loans.