Hi Folks, Scott Parman, your Buyer Specialist. If you're a veteran or active duty service member and planning on buying a home in Liberty, Missouri, don't forget that you may qualify for 100% financing through a VA Home loan. I purchased my family's first home with my VA home loan benefit while I was still active duty military. It's a great benefit to our veterans and active duty military.
Remember, a VA loan is 100% financing so no down payment is needed. You still must have the minimum credit score to qualify, but there is help available for that if necessary. With your VA loan, you won't pay monthly PMI. So, you can purchase more home for your family without the additional expense of PMI.
Just a quick reminder, if you do plan on pursuing a VA loan, you'll need to prove to a mortgage lender that you are VA eligible. To obtain a VA certificate of eligibility, veterans will need a DD214 to confirm your time in service. Don't have your DD214 on hand? Don't worry, I can help you get it. Actually, my friends at Midwest VA Loans can help you, too! Active duty members can use a statement of service from their current unit to obtain a VA certificate of eligibility.
If you are looking for a home in Liberty, Missouri and want to know more, give me a call at 816-585-3273. I'd love to answer any questions you have about our area and the homebuying process.