Raining Cats And Blogs: November 2020

What is a VA Home Loan / Helping Heroes Find A Home

This is Military Family Appreciation Month and we would like to honor those who have served our country and thank them and their families for their continued dedication.

 

When buying a home, There are many valuable benefits available to Veterans, including VA home loans. With a VA loan, veterans can get a home loan for zero down! The VA has been providing home loans for over 75 years and have served millions of Veterans and their families.

 

It is important to understand these great options for Veterans and to share them with those we know who may be able to benefit most. For a variety of different reasons, many Veterans don’t use their VA home loan options, so being knowledgeable about what’s available and how the programs work may be a game-changer for many.


Facts about VA Home Loans (most current data):

  • 624,546 home loans were guaranteed by the Veterans Administration last year.
  • 306,879 VA home loans were made without a down payment.
  • 2,055 grants totaling $118 million were provided to help seriously disabled Veterans purchase, modify, or construct a home to meet their needs.


VA Home Loans Often Offer

  • No down payment options as long as the sales price isn’t higher than the home’s appraised value.
  • Better terms and interest rates than loans from other lenders.
  • Fewer closing costs than most loans and these can even be paid by the seller.


Bottom Line

If you or someone you know could benefit from this info, contact us today so we can assist in the process. Thank you for your service.

 

If you are looking to buy or sell a home in the  Anderson or Greenville SC real estate areas, visit our website at www.SheilaNewtonTeam.com for tons of great information.

 

   
Sheila Newton   
Sheila Newton Team 
Berkshire Hathaway HomeServices -
C. Dan Joyner, Realtors
864-225-1205 (direct)
864-940-6377 (mobile)

www.SheilaNewtonTeam.com    


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What is a VA Home Loan / Helping Heroes Find A Home
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This is Military Family Appreciation Month and we would like to honor those who have served our country and thank them and their families for their continued dedication. When buying a home, There are many valuable benefits available to Veterans,… more