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Owning your own home is the American dream and the VA can help you get there
September 9, 2015
The Veterans Administration of the United States of America, under the direction of the Department for Veterans Affairs, is the agency that awards benefits to veterans of the United States military. VA home loan
is one of the benefits available to military personnel, both active and retired.
Moreover, VA home loan offer 100% financing for certain members of the military. You can qualify for 100% financing if you have been active in the military for 90 days during combat, or 180 days during peacetime for members of the Army, Navy, Air Force, and Marines.
With VA home financing, the government guarantees loan if you failed to repay. With a VA loan, veterans can save hundreds of dollars each month
Benefits associated with VA home financing:
No down payment required.
Only a nominal interest rate that you will be charged.
No prepayment penalty for VA homeowners.
Freedom of choosing loan option either fixed or adjustable rate.
Get VA home loan via user friendly websites. You also get luxury of completing your application from the comfort of your home.
If you are eligible for a VA loan and are in the market for a new home a VA loan is an option to consider if you would like more information on the VA home loan program or are an eligible veteran and want to get pre-approved for a VA loan visit http://www.capstone-mortgage.com