VA construction loans are designed to benefit active-duty U.S. military service members and veterans. Eligible borrowers may be able to build a new home without a down payment, but there are strict ...
Service members or veterans considering building a dream home have an additional funding opportunity. A Veterans Affairs (VA) construction loan has some of the same benefits as VA mortgages but allows ...
When buying a home, many service members and veterans have the unique advantage of using a VA home loan. While some families have used this benefit several times, others haven’t used it at all — often ...
For those who have access, a VA home loan can be an appealing mortgage option Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side and an expert on real estate, ...
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Can active military get a VA loan?
Active-duty military members are eligible for VA home loans after serving for 90 straight days (181 days during peacetime) without an interruption in service. You or your spouse and dependents have to ...
FHA loans are available to any borrower who meets the eligibility criteria, while VA loans are available only to active-duty military, veterans and their surviving spouses. You can get a VA loan with ...
VA loans offer many benefits such as no down payment or mortgage insurance, easier qualifications and lower interest rates. However, they also have drawbacks such as a required funding fee, property ...
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