The VA home loan has helped many of our country’s Veterans achieve the American Dream that they have served to protect, and for that reason we absolutely LOVE IT! The qualifying factors and underwriting guidelines are just a little different than that of an FHA or Conventional home loan, though.

As we said in the video, current members of the Armed Forces, those who have been honorably discharged, National Guard/Reserve members with 6 years of service, as well as unmarried surviving spouses of Veterans qualify for the VA home loan. We have a lot of those folks in Oregon & Washington, and as a result many of the homes for sale here are amenable to VA financing.

Another reason to love the VA home loan is that there are built-in safeguards for our Veterans, such as a limit on the fees that can be charged directly to the Veteran, and property criteria designed to ensure that no major home repair expenses are incurred by the Veteran after buying the house.

Put these reasons together with the fact that there are no monthly mortgage insurance premiums, and you have a spectacular loan program that takes care of those who take care of us. Thanks to all of our Veterans out there, and if you have any questions about VA financing, or home loans in general, remember we are here to help! Visit our website, sign up for email or rss updates, or hit us up on Facebook or Twitter.