va financing: VA Financing
- 01/21/11 03:30 AM
VA Financing - Advantages and DisadvantagesADVANTAGES: LOW CASH OUTLAY: Veteran buyers who have not previously used their home loan benefits may obtain loans up to $417,000 with nothing down. They may purchase homes greater than $417,000 by making down payments on top of the $417,000 VA loan. Some lenders only require 25% down on the sale price over $417,000. The seller or builder may pay the veteran's closing costs or prepaid Items. This feature makes it possible to purchase homes with no out of pocket cash outlay. Lenders may also pay the veterans closing costs and pre-paid items, in exchange … (0 comments)
VA Financing - Advantages and DisadvantagesADVANTAGES: 
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