What are the Benefits of a VA Home Loan? Do you know if you qualify for one? Hi, I am Fawn Bertram with Homes by Fawn and Hawaii Life. I’ve actually used the VA home loan to purchase my own home. I loved being able to come in with zero payment and pay NO PMI. I have a special guest with me today. This is Stephanie Safholm with Hawaii VA Loans. This is video #3 of a 3 part series.
VA Loan Benefits
Stephanie, can you tell me what are the benefits of using a VA Loan?
The VA Loan has some great benefits. Perhaps the most talked about benefit is that the VA Loan program requires no down payment up to $726,525 in Hawaii. You can also get a VA loan higher than that with a small down payment.
Other benefits of the VA Loan program at Hawaii VA Loans include no mortgage insurance, no origination or processing fees, flexible qualifying guidelines including no minimum credit score requirement.
I am happy to help Active Duty Service Members and Veterans get Pre-approved to purchase a home using their VA Loan.
Thank you, Stephanie, that is wonderful news. To see more of the 3 part series on Lending and what you may qualify for, check out these videos #1 What Grants are Available for First Time Home Buyer in Oahu, Hawaii and #2 What is a USDA Loan in Oahu, Hawaii.
If you would like to know more information on what you may qualify for a VA Loan or the home buying process, Stephanie and I will love to chat with you! This is some exciting news and there are programs out there to help. Having the right professionals in your corner will make all the difference in the world. Plus it can save you thousands! Give me a call 808-439-1077 or email FawnBertram@HawaiiLife.com and I’ll be sure to give you more information. I look forward to hearing from you and assisting in your home search and purchase. As always, make it a great home buying and selling day!