VA LOAN

WHAT IS A VA LOAN?

A VA loan is a mortgage loan that is backed by the U.S. Department of Veterans Affairs, or VA. It is available to military service members, veterans, and their immediate family members. The VA loan program is the most powerful home loan option on the market for veterans, service members, and military families. These flexible, government-backed loans come with significant benefits that open the doors of homeownership to veterans who might otherwise struggle to obtain financing.

VA LOAN QUALIFICATIONS

To qualify for a VA loan, you must have one of the following:

Spouses of deceased service members who died in the line of duty are also eligible to apply for a VA loan.

WHO SHOULD GET A VA LOAN?

VA loans are designed only for military members, veterans, and their families. If you fall into one of these categories, the VA loan should be your first choice, as it often comes with lower interest rates and fewer up-front costs.

PROS AND CONS OF VA LOANS

PROS:

CONS:

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