How a VA Loan Specialist Can Help You

Informations

• Publié par: garydavidwilliams
• Publié le: 09 juin 2017
• Nombre de lectures: 0
• Langue: English

Extrait

THE PATH TO HOME OWNERSHIP

Eligible U.S. veterans frequently rely on loans from the Department of Veterans Affairs ("VA loans") to finance the purchase of their residences in the United States.

This form of home financing is popular with military service members.

Yet the process of completing a mortgage loan application sometimes appears daunting to prospective buyers. Consulting with an experienced VA loan specialist may help.

WHAT MAKES A VA LOAN SO ATTRACTIVE?

First, why do lenders, real estate professionals and home buyers usually welcome VA loans as a method of financing a real estate purchase?

Obtaining this type of mortgage loan offers significant advantages:

■Eligible veterans and active members of the military may obtain VA loans;

In some cases, a buyer using a VA loan may acquire real estate with no down payment.

Buyers do not need to pay money at the closing to obtain mortgage insurance when they use a VA loan.

The Department of Veterans Affairs guarantees the financing.