Veterans Administration Home Loans

Dated: 09/30/2014

Views: 164

The VA (Veterans Administration Loans are a great option to pruchase a home if you are a a veteran or are on active duty.  They don't require a down payment or monthly MI (mortgage insurance) payments.
They do require a initital 2.15% MI payment for first time home buyers.  For buyers who are purchasing a subsequent home they require a 3.3% MI initial payment. 

The VA is currently only requiring a min. credit score of 620 and they allow all closing costs to be covered by the house seller.  The home must be owner occupied-you can't just use the loan to buy investment properties.
There is more info on the VA's web site- 
so check out this wonderful loan then give me a call or email me to start house hunting.
Kim King Bair
Highland Realty Group LLC

Paul Snyder III

I am a specialist in the management and sale of bank owned AND investment properties throughout SE and Central Pennsylvania. Our team of (14) real estate agents and (3) support staff are here to e....

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