Loans for Veterans

One of the benefits out country gives our veterans as a thank you for their dedication is a Veterans Administration (VA) Loan.

The two biggest benefits to this loan are 1) 100% financing, which mean no down payment, and 2) No Mortgage Insurance, which you would normally have on any loan over 80% of the purchase price of the home.  These 2 benefits alone save veterans thousands of dollars a year in loan costs.  In addition to these benefits, VA loans also offer competitive loan rates.

Another important point with VA loans is that it is not only Armed Forces veterans who qualify.  Coast Guard and National Guard veterans also qualify with adequate time of service and an honorable discharge.

If you have ever wondered if you or someone who know can qualify for a VA loan, now is the time to act.

Feel free to contact me with your questions at angela.knight@snmc.com