Military families move often, but that shouldn’t stop them from owning homes.
There are many advantages that military families hold over the average American home buyer – and one of those is the VA Loan Program.
Few would argue that the heroic men and women who protect America deserve to be rewarded for their service and sacrifice.
VA home loans offer benefits to both active military members and veterans of the military. Currently, they are available with no down payment requirement in amounts up to $729,000 and beyond (depending on county).
In a tight credit market, it’s also important to note that VA home loans are often easier to qualify for than conventional loans. The credit and income standards for lenders doing VA mortgage are also less strict than those of conventional loans.
The VA loan program is one of the only loan programs that still allow the borrower to finance 100% of the home's value and purchase with $0 down.
Despite these great attributes, only about 10 percent of service members and veterans take advantage of the home ownership-related benefits they have earned for their service. It’s estimated that some 80 percent of VA loan borrowers would otherwise be turned down or might not qualify for a conventional loan.
In order to build awareness about these benefits, many organizations work to help veterans and active duty service members secure VA loans. A great number of these organizations can be found online. While the government itself does not issue the loans, the VA’s website (http://www.homeloans.va.gov) is a great resource. Private lenders specializing in VA Loans, such as VA Mortgage Center.com, can provide the full service of finding financing for military home buyers. Learn more about the VA Loan process through VA Lenders such as VA Mortgage Center.com
Moral of the story? Those in the military should take advantage of the unique VA home loan benefits they’ve earned.

Veterans can find out information about using their VA Benefits including the VA Loan benefit.


![]() | ||||||