I Wish More Vets Knew About This

11 months ago
10

I can’t think of anyone more deserving of homeownership than our VETERANS. There are tons of benefits that come with a VA loan, but I’m not sure how many veterans are aware of them. I think the biggest one is there’s no down payment…they can finance 100% of the home. Some other great benefits are they’re a lot more relaxed on credit scores, there’s no monthly mortgage insurance, and there are no loan limits. Another cool thing is they’re less concerned about debt-to-income ratios, it’s more about the borrower having enough residual income after the mortgage payment is made. All of these things make it much easier for a veteran to qualify for a home loan. I love to see veterans taking advantage of these benefits and becoming homeowners…they definitely deserve it!
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