Key Features and Benefits of a VA Loan

There are many features and benefits to the VA Loan Program. Here is a list of 4 Key ones.

1) No Down Payment Needed – VA Loans allow eligible borrowers to buy a home with no money down.

2) You won’t have to pay PMI – VA Loans don’t have monthly Private Mortgage Insurance (PMI) this will save you money on your monthly mortgage payment

3) You don’t need to be a first-time home buyer – As long as you pay it off each time, you can use the benefit multiple times.

4) Better terms and interest rates – Generally VA Loans have some of the best rates and terms of any program.