There are many options for individuals in the world of lending, but a VA loan is loan makes home ownership very possible for those who have served or currently still serve in our nation’s military.
Some BIG advantages of VA loans:
-Possibility to qualify for a home purchase for little to no money down
-The VA funding fee for the loan can be financed in to the loan amount
-Interest rate can be negotiated
-No mortgage insurance required
To obtain a VA loan you’ll want to contact a VA Guaranteed lender such as a bank, mortgage lender, or savings & loan company. The Veterans Administration does not approve VA loans directly, the loan has to be approved through a traditional lender that is guaranteed to handle VA loans.
READ MORE about how a VA…