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Know Your Benefits

VA LOAN

This video has been provided by the U.S. Department of Veteran Affairs

Unlocking Homeownership With Your VA Loan Benefits and The Marching 2 More Real Estate Team

The VA home loan is a mortgage program exclusively available to eligible veterans, active-duty service members, and certain surviving spouses, guaranteed by the U.S. Department of Veterans Affairs. Its primary purpose is to help veterans and their families purchase homes with favorable terms and conditions.

 

Three exclusive benefits of the VA home loan include:

  1. No Down Payment: Unlike conventional loans that typically require a down payment of 10-20%, VA loans often require no down payment, making homeownership more accessible to veterans and their families.

  2. Lower Interest Rates: VA loans often offer lower interest rates compared to conventional mortgages, potentially saving borrowers thousands of dollars over the life of the loan.

  3. No Private Mortgage Insurance (PMI): VA loans do not require borrowers to pay private mortgage insurance, which is usually required on conventional loans when the down payment is less than 20%. This can result in significant savings over time.

The Marching 2 More Real Estate Team, with their ethos of more giving, more community, and more prosperity for all, embraces the principles of service and support, aligning perfectly with the mission of the VA home loan program. By promoting access to these benefits, they strive to empower veterans and their families on their journey to homeownership, fostering a sense of security, stability, and prosperity within the veteran community.

US Army Soldier in Universal Camouflage Uniform

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