VA Loans are Guaranteed by the VA
The Department of Veteran Affairs guarantees that they will pay lenders a portion of the VA home loan. Because of this, VA lenders are able to offer low rates and grant loans to many applicants who are not able to qualify for other types of home loans.
Benefits of Applying for a VA Loan
No Down Payment Required
When You Apply for a VA Loan!
First time home buyers who apply for a VA loan don’t have to worry about paying a large sum of money up front. Use the money you save with your VA loan on home or personal expenses!
VA Loans Do Not Require Mortgage Insurance!
First time home buyers can save hundreds of dollars a year on their monthly mortgage payments when they apply for a VA loan. Use the money you save to pay off your VA loan faster, start a savings account, or cover other expenses!
VA Loans Offer Low Interest Rates!
With more of your payment going toward your VA loan balance instead of interest, you save money every month and over the life of your VA loan!
Pre-Approval is Easy When You Apply for a VA Loan!
VA loans are available to first time home buyers who have had past credit issues, as long as the last twelve months show no new collections,judgments or missed payments. Apply for a VA loan today!
If you are a first-time home buyer interested in receiving more information about a VA loan to purchase a home, contact a VA loan specialist today at (877)867-0905 for your free, no obligation consultation or get started below.
First Time Home Buyers: Receive
an $8,000 Tax Credit
- Made possible by the American Recovery & Reinvestment Act of 2009
- Available on purchases made between Jan 1, 2009 and April 30, 2010.
- Purchase made after Nov 6, 2009 allow homeowners with higher incomes to be eligible. Click here for Details.
Read about a first time buyer's experience with a VA home loan.
