Are you a veteran in Kansas with VA home loan benefits? Have you ever considered buying your own home in Kansas? Are you aware of the benefits afforded you due to your service? Many that have served their country don’t know about the benefits due them. The VA home loan benefit is one of those.
Since inception the VA home loan program has helped more than20 million veterans and their families obtain affordable financing to buy a home. That’s a huge number! Many of those here in Kansas. VA benefits are one way we thank our veterans for their service to country!
The distinct advantages veterans receive by using their VA home loan benefits in Kansas are:
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No down payment. Military members are constantly on the move and sometimes that makes it difficult to save money and build credit. For those veterans that have retired or completed their service this is a way to say a big thank you!
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No private mortgage insurance. The federal government insures your VA home loan in Kansas for you so no PMI is necessary. This saves big on your monthly payments.
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The VA home loan has competitive interest rates. Another way to save on your monthly mortgage payments.
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For qualified active military members your basic allowance for housing (BAH) can be used as effective income. That means you can use this to pay all or part of your mortgage costs.
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There is no pre-payment penalty for your VA home loan in Kansas. That means you are free to make larger payments to the principle, refinance or sell your home with no penalties like some loans have.
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Less stringent qualifications.
In today’s tough economy using your VA home loans benefits in Kansas is more useful than ever. The program makes the dream of homeownership possible for thousands of Kansan Veterans that have selflessly and bravely served their country.
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Served 181 days of active duty during peacetime.
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Served 90 days active duty during war time.
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Served 6 years in the reserves or National Guard.
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Is the spouse of a service member who died while in service or from a service connected disability.
With one of these requirements satisfied all that’s left is to get a pre-approval from a VA approved lender. I can help there! Contact me to get more information about VA home loans in Kansas or to get the process started!
You served your country, now it’s time for your country to serve you.
Contact me today at 316 833-2677 or joelw@rwwichita.com to find out how to take advantage of your VA home loan benefits in Kansas.
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