VA Home Loans

VA Home Loans: Helping Heroes Find a Home

As we consider the full impact of VA home loans, it’s important to both understand these great options for Veterans and to share them with those we know who may be able to benefit most. For a variety of different reasons, many Veterans don’t use this options, so being knowledgeable about what’s available and how they work may be a game-changer for many.

Facts about 2019 VA Home Loans (most current data):

• 624,546 home loans were guaranteed by the Veterans Administration.
• 306,879 VA loans were made without a down payment.
• 2,055 grants totaling $118 million were provided to help seriously disabled Veterans purchase, modify, or construct a home to meet their needs.

VA Home Loans Often Offer:

• No down payment options as long as the sales price isn’t higher than the home’s appraised value.
• Better terms and interest rates than loans from other lenders.
• Fewer closing costs, which may be paid by the seller.

Bottom Line

The best thing you can do today to celebrate Veterans Day is to share this information with those who can potentially benefit from these loan options. Call us today, at 858-753-8445, to discuss your questions about these loan benefits. We can also help you begin getting started with a lender to get preappoved. Thank you for your service.