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VA Home Loans - Still A Great Opportunity

This Blog was recently publised in 6 Southern California regional newspapers on December 18th, 19th, and 20th, of 2009
By Brent C. Bruce

The end of World War II brought a huge number of our military service men and women home from the front lines abroad. Peace had been restored and these young service people were anxious to begin building their lives back home. In 1944, under President Roosevelt, our government created a home loan program, as part of the GI Bill, to assist these veterans in buying a home for their families.

Today the VA home loan is still the best option for veterans and other service people looking to take advantage of our low price real estate market.

The most attractive feature of the VA home loan is that it does not require any money for a down payment. This program also allows for the home seller to pay for the buying veteran’s closing costs. This combination creates an opportunity for a veteran to be able to buy a new home with not one penny out of their pocket. In fact the VA home loan is often referred to as the “VA No-No”, meaning that, ... more

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