What a better way to thank our veterans than helping them and their families to become home owners!
The VA loan is a mortgage guaranteed by the United States Department of Veterans Affairs. The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase a house.[1]
The main characteristics of the VA loan are:
- The down payment is 0
- The minimum credit score to qualify is 580 (this is the minimum for the program, some banks / lenders / mortgage companies can have a higher credit score requirement)
- You can buy a single family home, multi-unit properties (up to 4units), manufactured homes and new constructions
If you or someone you know is interested buying a house with a VA loan, here is the link to read more about the program and eligibility.
https://www.va.gov/housing-assistance/home-loans/eligibility/
I am looking forward to help you find your dream home!
Clarisa Moody
813 446 2003
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[1] Source: https://en.wikipedia.org/wiki/VA_loan
