Getting the home you’ve always wanted may be easier than you think!
What if you could get the home of your dreams with as little as 0% down? Imagine the possibilities and what you could do with the house you’ve always wanted. A place that you can call home for you and your family. Maybe you’ve always wanted a condo in your favorite neighborhood? These goals may be closer to obtain than expected; whether you want two Golden Retrievers and a big yard for them, or two lovely children and a place for them to grow up, there are options for eligible borrowers.
If you are a veteran or service member, do you know about all of the benefits you have in regards to purchasing or refinancing a home? There are many beneficial options that are available for those who have served. There are so many great aspects of VA-backed loans, so why not take advantage of these entitled benefits? Our heroes may even get better rates and terms on their loans that are VA-backed.
Did you know that a majority of VA-backed loans are made without a down payment? This is a great option for those who may not have the funds or simply would like to save those funds for something else. If you would like to put money down for a down payment, you may, but with VA-backed loans, you have the option to choose. Traditionally, many loans require private mortgage insurance (PMI) if borrowers put less than 20% down for their down payment. VA-backed loans do not require private mortgage insurance which can lead to huge savings for service members over the life of their loan.
Can service members use their VA home buying benefits more than once? The great news is that our eligible heroes can use this benefit for life! Let’s say you are on active duty and are moving to a new location. Even if you have already used this benefit, you can use it as many times as you would like as long as you are eligible. Many individuals who are selling their home love VA-backed loans because they are one of the safest, which may increase borrowers opportunities to get into the home they want!
Time to act
Don’t leave money on the table that could be used to make your dreams come true! Call me today to discuss your options and thank you for your service!