No Down Payment for Military Personnel!
Posted by Rashonda Smith
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The Veteran’s Administration (VA) provides zero down payment loans for active duty and non-active duty military personnel. Obtain a VA Loan in the amount of $417,000 with no Mortgage Insurance. Veterans seeking loans above the VA maximum loan amount of $417,000 can put 25% down on the amount over the maximum loan amount to reach higher priced homes. Additionally, the seller can pay up to 6% of your closing costs and Veterans who receive VA disability payments may have the VA funding fee waived on VA home loans. In most cases, you can move-in with no money down! I am a Military Relocation Professional (MRP). Ask me how!!
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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