VA loans help Veterans achieve the American Dream of homeownership. In the United States, there are many valuable benefits available to Veterans, including VA home loans. Since 1944, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.
What To Know About VA Loans
Homeownership remains the American Dream. One way we can honor and thank our veterans on Veterans Day and throughout the year is to help them understand the best way to use their VA loan eligibility to purchase or refinance a home. VA (Veterans Affairs) home loans have provided millions of American veterans the opportunity to purchase homes of their own for over 78 years. Over 25 million VA loans have been made since their inception..
According to the Department of Veterans Affairs, VA mortgage loans provide unique benefits, including:
- Qualified borrowers can often purchase a home with no down payment.
- Many other loans with down payments under 20% require Private Mortgage Insurance (PMI). VA Loans do not require PMI. This means veterans can save on their monthly housing costs.
- VA-Backed Loans often offer competitive terms and mortgage interest rates.
If you’re a Veteran and you have questions about where to start on your journey to homeownership, reach out to me today. I’ll be delighted to introduce you to some of the Charlotte area’s top VA loan mortgage lenders. Let’s get you on the path to homeownership and the American Dream.