The VA loan program isn’t quite like any other on the market. Yes, there’s a limited audience, but even limited, millions of people are eligible. And it can get a lot of people into their own homes that they otherwise wouldn’t be able to purchase.And there’s an extra hand should the mortgage payments prove too much.
- Those who served 90 consecutive days during wartime (as defined by the VA) or 181 days during peacetime
- National guardsmen and women or reservists who served six years
- Vets wounded in service, even if they served less than the specified time
- Widows or widowers of those who died in action, or from injuries suffered while on duty
Veterans will need to get a certificate of eligibility proving they meet all the requirements.
How it works:
The VA loan program doesn’t offer the mortgage itself. Instead, the
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