Take Advantage of your VA Benefits
Could you be among the 29 million veterans or active duty service personnel who are eligible for a Veterans Loan?
Department of Veterans Affairs home loans – VA loans for short—are available to many veterans, active service members, reservists and members of the public health service.
Millions of Americans who have served this country in military duty can qualify for a VA loan. If you have served at least 90 days of active duty in the military, you may qualify. People who have served in the National Guard or the Reserves with at least six years of service may also qualify. You may only have one VA loan outstanding at a time, but otherwise there is no limit to how many you can have in your lifetime.
The VA Loan Program has many benefits that can’t be found with any other traditional loan. A VA loan may include the following benefits:
- Save you money every month by eliminating the need for PMI (Private Mortgage Insurance) which is an extra monthly expense required with conventional loans.
- Allow you to purchase a home with $0 down.
- Lower your interest rate. VA loans typically have low interest rates.
You deserve to get your full benefits from a VA Loan and a Directors Mortgage VA loan expert can assist you. As a specialist in veteran’s loans, we make the process efficient and effective.
Contact a Directors Mortgage Specialist for more details on our VA loan products.