VA home loans are making a huge difference for a new generation of military home buyers. During a time of tight mortgage lending, these
government-backed loans are absolutely booming. The reason for the resurgence: VA loans provide some key home buying benefits that, when taken in total, other financing options can’t match. No Down PaymentThis is the program’s defining benefit. Qualified buyers can purchase up to $417,000 in most parts of the country before having to factor in a down payment. Borrowers in costlier areas can go even higher. Here’s a look at the four biggest benefits of VA mortgages.
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