Vendee Financing; Even Non Veterans Should Apply
I was asked the following question when showing one of our VA (Veterans Administration) owned properties:
"Are you familiar with the Vendee Program in which Bank of America offers to buyers? And I am curious if you've had real estate deals involving the Veterans Administration."
Since we are witnessing more and more Veteran Administration-owned properties in the real estate market, I assume that many more people have the same question or are unaware of financing that they may in fact qualify for.
Vendee financing is a program Veterans Admin offers to help finance VA REO (bank-owned) properties. The appeal of this is the times when a VA loan product or program is offered to non-veterans.
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