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VA Loans are a Great Option for Veterans

This year, VA-backed loans are up 31 percent nationwide over last year due in no small part to it being one of the few 100% financing options available after 3rd party down payment assistance were eliminated effective October 1 of this year.

I found this fascinating quote today:

VA loans were designed to help veterans of the armed services, either currently serving in active duty or in the reserves, as well as their spouses. In order to qualify for a VA loan, a veteran must meet the eligibility guidelines set by the Department of Veterans Affairs. VA Loans enable veterans that qualify to put no money down on a mortgage loan up to $417,000.VA Loans Are A Great Option For Veterans, Oct 2008

You should read the whole article.

Posted Thursday Oct 30
( 10/30/08 03:33PM ) — Bill Gassett Metrowest Massachusetts Real Estate

The VA loan is a great option because it is one of the few loans where you can still finance 100%

( 10/30/08 03:50PM ) — Lenn Harley

Candace.  The VA limit is temporarily $729,650 until Dec. 31.


Best loan in the country for qualified buyers.

( 10/30/08 04:16PM ) — Kevin McGourty - Moving Help - nationwide

No money down on a $400,000 loan? Wow. Makes me want to join the military....well, little late now.

( 10/30/08 05:17PM ) — Lori Franks ~ Brookings, Oregon Real Estate

Hola mi amiga!


The last deal I closed was VA financed. It went smooth as silk too! It's just that sticky part about having to be a Vet!

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