Veterans, VA & Homeownership

Real Estate Agent with Keller Williams Realty Evolution - Topsfield, MA 92593-B

Owning your own home and land is the dream for people all over the world. It provides security and a place in society. It is also a source of wealth-building imho.

For men and women who serve(d)in the United States military, our government provides assistance in housing through the VA home loan program. 

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration

 says of the program:

“The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .”

For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes.

2020 Data on VA Home Loans

  • 1,246,817 home loans are guaranteed by the Veterans Administration
  • The average VA loan amount totals $301,044
  • 178,171 of those using a VA Loan are first-time homebuyers

Top Benefits of the VA Home Loan Program

As we reflect on their sacrifice and honor our nation’s veterans, it’s important to ensure all veterans know the full extent of benefits VA home loans

 offer. As Jeff London, Director of the VA Home Loan Programsays:

“VA loans offer an extraordinary opportunity for veterans because of lower interest rates, lower monthly payments, no or low-down payments, and no private mortgage insurance.”

Those who qualify for a VA home loan are eligible for the following:

  • Borrowers can often purchase a home with no down payment. In 2020, 350,094 individuals using a VA Loan were able to purchase their homes without putting money down.
  • Many other loans with down payments under 20% require Private Mortgage Insurance (PMI). VA Loans do not require PMI, which means veterans can save on their monthly housing costs.
  • Finally, VA-Backed Loans often offer the most competitive terms and interest rates.

Bottom Line

One way we can honor and thank our veterans this year is to ensure they have the best information about the benefits of VA home loans. Homeownership is the American Dream. Our veterans sacrifice so much in service to our nation and deserve to achieve their homeownership goals. Thank you for your service.

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I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2



Broker Sales Associate

KELLER WILLIAMS REALTY - Topsfield/Newburyport

49 Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell

Comments (10)

Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I appreciate your post Doug Dawes and I intend to forward it to my daughter (Tina) whom is active duty NG Air Force.

Nov 18, 2021 12:53 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


What a great informative post for veterans.  It is good to hear from you again.  Happy Thursday.  A

Nov 18, 2021 02:34 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Doug - I can appreciate the images you shared as well as the greater meaning each represents.  

Nov 19, 2021 03:36 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Doug - these programs are good for our veterans and thanks for getting the word out.

Nov 19, 2021 04:01 AM
Kat Palmiotti
406-270-3667,, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

I have worked with clients before who used VA loans and they worked great! This is good information for our military members to have.

Nov 19, 2021 05:43 AM
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Bob "RealMan" Timm Please convey my gratitude to Tina for her service from one veteran to another.

Nov 19, 2021 09:44 AM
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Ron and Alexandra Seigel 

I'm glad you liked the information. I'm beginning to feel my age and have been going through some mental fatigue. Life is like a smorgasbord and you know what happens there you always put more than you need on your plate and that what I've 

Nov 19, 2021 09:47 AM
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Besides the GI Bill, the VA Home Loan Program is one of the best benefits available to veterans who put their lives on hold to serve and protect the nation. I appreciate your understanding of the picture Michael Jacobs 

Nov 19, 2021 09:50 AM
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Grant Schneider 

The VA Home Loan Program is underutilized by Veterans for many reasons but it and

other programs are well worth using

Nov 19, 2021 09:53 AM
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hey Kat Palmiotti 

I'm glad you agree these programs are good for veterans. Can you believe next week is Thanksgiving?

Nov 19, 2021 09:56 AM
Kat Palmiotti

No - this year is just FLYING.

Nov 19, 2021 01:57 PM