VA loans make it easier for military personnel to start on home ownership

Published by Billy on

Military service comes with perks in the form of VA loans.

  • No down payment
  • No private mortgage insurance
  • No prepayment penalty
  • 1.5% to 3.3% of the total borrowed as VA one-time funding fee

If your salary can support home ownership without saving up for a down payment, then a VA loan may be right for you.

 

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