VA Home Loan Process for Active Service Members
Military buyers have a huge benefit when it comes to purchasing a home. Not only do service members have a no down payment option, but VA loans may be the best mortgage available. VA loans offer up to 100% financing with no monthly mortgage insurance. Thus, this feature keeps mortgage payments low. This is especially true when comparing to other low to no down payment loan types. So if interested in buying a home while in the service, it is important to understand the VA home loan process. VA Home Loan Process Although a VA loan doesn’t require a down payment and has such great terms, we feel education is key. We are not just an online company or call center type lender. Conversely, your loan officer thoroughly discusses your loan options and goals so that you are a knowledgeable and happy buyer. A VA loan process can be very simple, but we are including very detailed information below. Gather: Disc...