CT Termite Inspection: Why a VA Loan?
Friday, March 15th, 2013CT Termite Inspection: Why a VA Loan?
Springtime is usually most popular time to purchase a home. With mortgage rates being low right now, a VA mortgage is a great option, especially with all of its benefits.
1. The VA program won’t deny a loan based solely on a low credit score, and most lenders don’t tier interest rates for better scores.
2. The VA home mortgage loan doesn’t require a down payment.
3. If the borrower has a service-related disability, they may qualify for the lender to waive the funding fee, further reducing closing costs. (more…)