VA Home Loan Basics

By
Real Estate Agent with Keller Williams Shore Properties 1005238

The Veterans Administration Loans helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of their mission to serve you, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

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VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

Some Highlights:

  • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership.
  • In 2017, $189 billion was loaned to veterans and their families through the program.
  • VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.

Karl Hess provides expert real estate services to residential buyers and sellers in Ocean County. Contact us today for more information on Ocean County Real Estate and for professional assistance navigating this complex home market.

As always, thank you for your time and feel free to get in touch if you have any questions. Karl Hess, Your Real Estate Expert on The Jersey Shore in Ocean County

 

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 Licensed in New Jersey.  Keller Williams Shore Properties 

770 Lighthouse Dr. Barnegat, NJ Phone: 732-797-9001

 

 

 

Comments (2)

Eric J
Eric J - Dream Home Financing - Freehold, NJ
Dream Home Financing

Karl

VA loans are amazing and they are extremely important. Many young veterans do not have the money for a down payment. The zero down feature is critical. I recently posted an article on my website about how VA loans are the best mortgage program on the planet.

Eric

Nov 10, 2018 05:30 AM
Kasia Zajac, GRI, SFR
Baird & Warner - Lake Zurich, IL

Very good info. Thank you for posting it. VA loans are important and God bless to all who served!

Nov 10, 2018 07:57 AM

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