VA Mortgage Loan
VA home loans are government-insured loans accessible to eligible armed services personnel, individuals who were veterans, are on active duty, in the reserves, and widows of veterans*. Most of the time, veterans are able to get a mortgage in the absence of a down payment.
Minimal or No Down Payment
Fixed Rate of Interest
No Minimum Credit Score
Seller Contributions Allowed
Flexible Loan Terms
It is a great advanatge to this kind of financing if you ro your family were stationed in states with high home prices like California. Now you can get into a home with zero down, no credit score requirement, and a low fixed rate comapred to the market. Yes,serving your country has its rewards and this is another way of saying thanks for your patriotism in supporting our armed forces.
|VA Loan Limits|
|San Luis Obispo||$561,200||$481,250|
Take a look at the VA loan limits in other state by county