Moving during the holiday season?
Stress-free moving tips here
Do you want content like this delivered to your inbox?
Share

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

Share

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

Andy Rose

Andy brings to the table over 10 years of real estate experience including becoming a licensed Georgia broker in 2018 and a licensed Broker in Fl...

Andy brings to the table over 10 years of real estate experience including becoming a licensed Georgia broker in 2018 and a licensed Broker in Fl...

Nov 10 4 minutes read

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits.

Here are some things you should know about VA loans before you start the homebuying process.


What Are VA Loans?

VA home loans provide a pathway to homeownership for those who have served our nation. The U.S. Department of Veterans Affairs describes the program like this:


“VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we 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.”


Top Benefits of the VA Home Loan Program

In addition to helping eligible buyers achieve their homeownership dreams, VA loans have several other great benefits for buyers who qualify. According to the Department of Veteran Affairs:

  • Qualified borrowers can often purchase a home with no down payment.
  • 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.
  • VA-Backed Loans often offer competitive terms and mortgage interest rates.


John Bell, Acting Executive Director of the Department of Veterans Affairs Loan Guaranty Service, also explains why this program is so powerful:


“It provides early ownership for many people that would not have that opportunity to begin with. Since there’s no down payment, it allows people to hold their wealth and it gives them the ability to have long term financial security by being able to own a house and let that equity grow.”


Bottom Line

Homeownership is the American Dream. Our veterans sacrifice so much in service of our nation, and one way we can honor and thank them is to ensure they have the best information about the benefits of VA home loans. Thank you for your service.

Did you know that not all veterans qualify for the VA home loan benefit. 

In this quick video I share the 3 ways a Veteran or Service Member qualifies for the VA Home Loan Benefit.

Are you a Veteran? 

Let us help!


As a Veteran, we specialize in helping Veterans utilize their VA Home Loan Benefits. 

Check out our Veteran's Page.

VA Home Loan Benefits

Ready to Take the Next Step?

We want you to feel confident about your next steps as a homebuyer.

Click Here

Curious about what
your home is worth now?

Get an accurate home value report from our team. 

FEATURED LISTINGS

Get instant access to the latest properties to hit the real estate market.

FEATURED LISTINGS

Now partnered with Corcoran

Andy Rose is now partnered with Corcoran Reverie in Florida. 

Corcoran Reverie is known for their knowledge and experience with luxury beach properties along Florida's panhandle. Your beach home search starts here: www.YourEmeraldCoast.com

Recently Sold

Sold 473 Alec Crest
473 Alec Crest

Powder Springs, GA

Get More Info
Sold 17 Lexington
17 Lexington Ct

Dallas, GA

Get More Info
4030 Kristanna Dr
4030 Kristanna Dr

Panama City, FL


Get More Info

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info