For most Veteran's - The VA Home Loan is the very best way to buy a home.
VA home loans remove many of the largest barriers to homeownership, and allow eligible servicemembers and veterans to buy a home - and they make it EASY!
VA mortgage rates are lower than those of most other loan types. Why is the VA Home Loan the best way to buy a home?
Because with a VA home loan guaranty:
- No down payment is required
- No mortgage insurance is required.
- You get a competitive interest rate.
- More lenient credit guidelines are available to you.
Saving enough money for a Down Payment is the # 1 barrier for becoming a homeowner today. The VA Loan does not require a down payment - you can finance 100% of the purchase price.
Buying a home also include closing costs. If cash to close is a concern for you, consult a knowledgeable Real Estate Agent that may be able to negotiate a contract in which the Seller agrees to pay for your closing costs.
Most other loan types require you to pay a significant amount each month to Private Mortgage Insurance if you make a down payment of less than 20% of the purchase price. A VA loan eliminates that cost, freeing up that money for other expenses.
Because VA home loans are backed by the federal government, VA-approved lenders can lend with greater flexibility. Your status as an eligible service member or Veteran lets you take advantage of this home buying benefit that is not available to just anyone.
Are you a Veteran looking to buy a home in South Florida? As a proud Veteran myself (4 years, Enlisted, U.S. Marine Corps) I'd love to speak with you about getting the process started in our market.
Call or Text me directly at:
(561) 699-3455
You can also drop me an email at:
Geoff.Braboy@gmail.com
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