VA Purchase Home 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 with the absence of a down payment.
— Minimal or No Down Payment
— Low Rate of Interest
— No Minimum Credit Score
— Seller Contributions Allowed
— Flexible Loan Terms
It is a great advantage wiht this kind of financing if you or your family were stationed in states with high home prices like California. Now you can member can get into a home with zero down, no credit score requirement, and a low fixed rate compared 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.
Take a look at the VA loan limits in other state by county