Since yesterday was Veterans Day this information from the KCM people is a timely one. There are guidelines for a VA loan so it's important for the veteran to find an experienced mortgage broker familiar with VA loans. These loans do not require a downpayment and they are assumable. For some reasons many veterans do not utilize these loans but should.
Veterans Affairs Loans By The Numbers
Some Highlights:
- Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership.
- So far in 2017, $188 billion has been loaned to veterans and their families through the program.
- VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.
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