VA Loans Can Help Veterans Achieve Their Dream of Homeownership
For over 78 years, Veterans Affairs home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits.
What Are VA Loans?
VA helps servicemembers, veterans, and eligible surviving spouses become homeowners. The VA provides a home loan guaranty benefit and other housing-related programs to help them buy, build, repair, retain, or adapt a home for their own personal occupancy.
Top Benefits of the VA Home Loan Program
In addition to helping eligible buyers achieve their homeownership dreams, VA loans have several other great benefits for buyers who qualify.
- Qualified borrowers can often purchase a home with no down payment
- Many other loans with down payments under 20% require Private Mortgage Insurance. VA Loans do not require PMI. Veterans save on monthly housing cost
- VA-backed Loans often offer competitive terms and mortgage interest rates
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