You may qualify for a VA Loan if you meet the following eligibility requirements:
- You have had 90 days or more of active duty service during wartime
- You have had 181 days or more of active duty service during peacetime
- You were discharged for circumstances that were not dishonorable
- You are currently active duty personnel, and you meet the above service requirements
- You are the surviving spouse of a Veteran who died during service or because of service-related injuries and you have not remarried.
A VA Mortgage Offers Many Benefits to New Home Buyers
As a benefit of your service you are eligible for a VA Home Loan. Even though VA Loans have been around for years they have become one of the most popular loan types in recent years because they provide so many benefits.
Why are VA Loans so Beneficial?
A VA Loan is one of the only loan options that allow you to purchase a home with $0 down. They also have easier qualification standards and can save you money each month by helping you qualify for a lower interest rate and lower monthly payments compared to a conventional loan.
Home Buyers like a VA Loan because the VA ensures appraisals are fair and accurate to help protect home buyers.
Streamlined Process.
Some people worry that a VA Loan may require additional paperwork. However, today’s streamlined process helps reduce most of the paper work and is completed in a more timely fashion. VA Loan specialists will advise you throughout the process by answering any questions you may have and help ensure you on on-time closing.
Our VA Loan Specialist has worked with many first time home buyers and are willing to invest as much time with you as necessary. So call 1-855-VA-MORTGAGE today and let’s talk. There are no obligations, but you will get answers to any initial questions you may have.
Purchase with No Down Payment
A VA Loan is perfect for young families and first time home buyers because the borrower can purchase a home with no down payment. The VA is one of the only loan programs that can offer this same benefit.
Save Hundreds of Dollars Every Single Month
Because the loan is backed by the government, direct lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Plus, interest rates for VA Loans are typically 0.5%-1% lower than conventional loans. These two advantages add up to big monthly savings.
It's Easier to Qualify for a VA Loan
It's no secret, getting approved for a conventional home loan these days can be difficult, particularly for young families and first time home buyers. Because the government backs a VA Loan, the credit and income standards are not as strict making the loan qualification process easier.
The advantages are real.
A lower monthly payment, easier qualification guidelines and the ability to purchase with no down payment make a VA Loan the best option for first time home buyers that qualify.
By simply starting the request, you are not obligated in any way. You are simply asking for more information. Your contact information will be sent to a VA Specialist who will contact you to go over your options.
Call Today! 1-855-VA-MORTGAGE
(855-826-6784
It's local. It's free.
Let's Talk!
Are you a VET or on active duty?
Major Military Installations in Missouri
Air Force - Whiteman Air Force Base - Knob Noster
Army Posts - Fort Leonard Wood - Waynesville