Day: November 21, 2017

VA-Backed Mortgage

The va-backed mortgage is for veterans. If you are a veteran looking for a home, don't forget this awesome benefit you are entitled to. Thank you for your service

A VA-backed mortgage is very similar to FHA-insured loans, except:

  1. The Government (through the Veterans Administration) insures the lender against loss on only part of the home loan.
  2. The loans are available, only to veterans with minimum periods of duty during specific periods of time
  3. It’s possible to get a zero downpayment home loan!

That’s right, a qualifying veteran can get a 100% mortgage to buy a home. See your local Veterans Administration office for more information on this benefit. And one more thing, THANK YOU FOR YOUR SERVICE!