Key Benefits of VA Home Loans:

• No Down Payment: Unlike conventional loans, most VA loans don’t require a down payment.
• No Private Mortgage Insurance (PMI): This saves borrowers money compared to conventional loans.
• Competitive Interest Rates: Typically lower than conventional loan rates.
• Flexible Credit Requirements: VA loans have more lenient credit requirements compared to conventional loans.
• Limited Closing Costs: The VA limits the closing costs that can be charged.
• No Prepayment Penalty: You can pay off the loan early without extra fees.

Eligibility Requirements:

To qualify, you generally need to meet one of the following criteria:

• Veterans & Active-Duty Service Members: At least 90 consecutive days of active service during wartime or 181 days during peacetime.
• National Guard & Reserves: Six years of service or 90 consecutive days of active-duty service.
• Surviving Spouses: Must be unmarried and the spouse of a service member who died in the line of duty or from a service-related disability.

How to Apply: