Helping Our Military Men and Women

Have you served in the military, or are you currently serving? If so, thank you for your bravery and for your sacrifice. Because of you, our country is stronger, and our civilians are safer.

There is a special place in my heart for our men and women in uniform. Perhaps that is because I’m a Navy mom. My youngest son is a lieutenant officer. He’s done two tours in the Persian Gulf, and he makes me proud. Very proud. It’s truly an honor for me to help those who serve, and it is especially gratifying when I am able to share the benefits of VA financing with those of you who deserve so much. It’s one small way for me to say, “Thank you for your service.”

Benefits of a VA Loan

If you are a veteran or currently in active military service to our country, you can take advantage of a VA loan. If you’re wondering what the benefits are, there are many. The biggest one is that there is no down payment requirement. You won’t have to save up a lot of cash or come out of pocket for the down payment. As you know, the down payment of a home purchase is usually the biggest obstacle for people. But, as a VA buyer, it’s an obstacle you won’t have to face.

VA Loan Requirements

You’ll also have more lenient loan requirements. The debt-to-income ratio for VA loans is usually a bit more flexible than it is for conventional financing. Plus, your credit score can be lower, usually around 620 as opposed to 680 for a conventional loan. You’ll also be able to avoid mortgage insurance, which is a big cost savings. And, VA interest rates are typically a little lower than conventional rates, saving you money every month.

Limits Closing Costs

You will have some closing costs associated with VA financing, but the VA actually limits what you can be charged.  And, some of the fees can be covered by other parties in the transaction. These safeguards help to make homeownership a possibility for you and for all of our men and women in uniform.

Here to Help You

There are many benefits when it comes to being a VA buyer. But, the biggest benefit is derived by those of us who get to serve you. It is an honor and a privilege to represent our veterans and active military personnel. Over the years, I have helped many of our servicemen and women (including my son) purchase property. It never gets old seeing the look of joy and satisfaction on the faces of new homeowners. Helping those who serve is just one small way to show appreciation to those who give so much.