
The VA has one of the very few ways to obtain 100% financing AND receive up to 6% of the purchase price in seller concessions to use toward closing costs and prepaids, like insurance. I have helped Veterans purchase homes with next to ZERO out of pocket.
With 100% financing, you would think that some kind of mortgage insurance would be in order, but not on a VA loan. The Veteran pays a funding fee at closing, and that's it, no monthly mortgage insurance. The loan is guaranteed by the government.
The interest rates are historically low right now, and there is plenty of money available to fund this awesome program.
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