- No required down payment
- No private mortgage insurance (PMI)
- Low interest rates due to the partial guarantee of the loan by the government
If you’re a veteran, investing in real estate using a VA loan can be a smart idea. The loan program offers:
Due to its many benefits, VA homes loans, considered one of the best home loans available, was created in 1944 by the United States Congress as part of the original GI Bill, formerly known as the Servicemen’s Readjustment Act.
VA loans have since helped about 18 million Veterans, Active Duty Service Members, and surviving spouses find and purchase their dream home.
Active military personnel as well as veterans have some of the best real estate home buying benefits on the market. The catch? Most don’t know it!
In fact, there are many misconceptions about getting a VA loan. Such as:
Let’s look at these myths plus 4 more and set the record straight.
Lilly Title & Settlement wants you to be an empowered homebuyer!