Veterans and Active Duty

By
Mortgage and Lending with Loan Depot NMLS 261647

The VA home loan is a fantastic home loan program for Veterans. Here are a few of the VA home loan Myths:

 

Zero down = weak buyer

VA home loans take longer to close

VA home loans are harder to get through Underwriting

Seller has to pay for VA fees

VA appraisals are tougher

 

 

VA Facts

 

Median Fico is 7412

Median Liquid Assets $ 17, 000

Median Income $ 73,769

Average loan amount $ $259,687

Veterans that made a down payment  29%

 

Stay informed and accept those VA offers! 

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Topic:
Real Estate Best Practices
Tags:
mortgage loan
veterans
home loan
active duty
home buyers
va
va home loans

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Rainmaker
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Good points on VA loans Kathryn Vatsula. In sunny Arizona we also still have free grants and low down payment government assisted loans for home buyers.  

May 21, 2018 12:16 PM #1
Rainmaker
3,771,727
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I find those vets that can go conventional will save a lot of money

May 21, 2018 06:48 PM #2
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Rainmaker
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Kathryn Vatsula

Professional Loan Consultant
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