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EVERYTHING YOU NEED TO KNOW ABOUT THE VA LOAN PROGRAM

By
Real Estate Agent with Greetings Virginia with eXp Realty

Are you a Veteran who wants to buy a home with O down? 

The Veteran Affairs loan program uniquely offers favorable loan terms for eligible veterans, military members, and their families.

The main advantage of this loan program is the opportunity to buy a house without any down payment. This makes buying your new home much easier without making a sizable down payment.

 

 

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VA loans also have lower interest rates than conventional loans, which can help you save a significant amount over the term of your mortgage. Unlike many traditional loans, which demand PMI for mortgages with less than 20% of a down payment, VA loans do not require PMI.

Through a VA loan, you can buy a house anywhere, for instance, near a military base or a civilian neighborhood. Another VA loan feature is the funding fee, which is lower on first-time home loans than subsequent VA loans. The fee is waived completely to disabled veterans.

 

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With no money down and no PMI, VA loans are the best loan products for eligible military members and veterans. There are ways to own a home without saving hundreds of thousands of dollars upfront. It is a great program worth knowing.

Your service is appreciated, and make sure to use the benefits you deserve. Discover the particularities of the VA loan program right now and move closer to living in the house of your dreams.

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About the author:

Dan Rochon is Operating Principal of Keller Williams Realty, Alexandria - Kingstowne, VA and Team Leader with Traci of

Dan and Traci & Consultants with Keller Williams Realty.

         

Dan and Traci have been featured in local and national news on the NBC Nightly NewsThe Today ShowThe Washington ExaminerThe Washington PostCNBC, and WTOP News and more for their success in selling short sales.

If you are interested in short selling your home in Virginia, Maryland, or Washington DC call us today at 703-562-1791 ext. 2 


 

Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
May 21, 2024 02:53 AM