How VA Loans Work, and How to Get One

House of Brokers Realty, Inc.

How VA Loans Work, and How to Get One

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.

Who qualifies: 

  • 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 

View original post 292 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s