VA Home Loans: Helping Heroes Find a Home

Dated: November 11 2020

Views: 24

VA Home Loans: Important Housing Benefits for Veterans | MyKCM

Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.

As we consider the full impact of VA home loans, it’s important to both 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 they work may be a game-changer for many.

Facts about 2019 VA Home Loans (most current data):

  • 624,546 home loans were guaranteed by the Veterans Administration.
  • 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, which may be paid by the seller.

Bottom Line

The best thing you can do today to celebrate Veterans Day is to share this information with those who can potentially benefit from these loan options. Let’s connect today to discuss your questions about VA home loan benefits. Thank you for your service.

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Blog author image

Kathleen Comerford

I am the Team Owner of The Comerford Group and the Broker | Owner of Icon Premium Realty.  I have been passionate about real estate my whole life starting with the condo projects I developed for ....

Latest Blog Posts

Best Boca Raton Restaurants for Thanksgiving Takeout

Don't want to go through the hassle of cooking a Thanksgiving feast this year? Check out the below restaurants that are offering to-go meals.PistacheThis three-course prix fixe menu being served

Read More

Best Sarasota Restaurants for Thanksgiving Takeout

Don't want to go through the hassle of cooking a Thanksgiving feast this year? Check out the below restaurants that are offering to-go meals.Brick's Smoked MeatsBrick's family feast serves from

Read More

How to Set Up the Perfect Home Office

For some, it’s a dream to work from home. But once you finally get your remote job, you might be surprised to learn that kicking back on the couch isn’t going to get the job done. Having

Read More

Sarasota Named One of the Best Places to Live in the U.S.

The U.S. News and World Report's annual "Top 10 Best Places to Live in the U.S." report has ranked Sarasota No. 9 in their 2021-2022 edition. The list ranks metro areas taking into account

Read More