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Wednesday, 22 September 2021

What to know about VA Loans if you’re a spouse in a military family

What to know about VA Loans if you’re a spouse in a military family

Is your family in the market for a new home? Maybe you are affiliated with the military, either active duty or veteran status. In that case, you may be eligible for a VA home loan from the US Department of Veterans Affairs’ VA loan program.

 

This is a fantastic opportunity to get a mortgage with built-in consumer protections, excellent terms and loads of benefits, like:

  • 100% financing available, no down payment required
  • Low closing costs
  • Low mortgage rates
  • High loan limits
  • Low credit score requirements
  • No mortgage insurance

 

Applying for a VA Loan is not solely dependent on the vet

 

Little known fact: the process of applying for this government-backed mortgage program is not limited to just the person who’s affiliated with the military.

Continue reading What to know about VA Loans if you’re a spouse in a military family at Movement Mortgage Blog.



from Movement Mortgage Blog https://ift.tt/3o200Ce


via Zero Mortgage Insurance

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