Allyn and Associates
Jim and Kathy Allyn
480-296-4304480-296-4304

What are the benefits of buying a home with a VA loan?

DSC00026Home buyers are trying to decide many things all at once, so if you it helps to look at the benefits of any plan before you commit to one.

There are several benefits to securing a VA loan that may have affect your decision.

  • No mortgage insurance! This can be a big savings on your monthly mortgage payment, and I think we all love saving money!
  • No money down  It depends on the size of the loan you need, but many times a vet can purchase a home without a down payment!
  • Borrow 100% of the home’s value. Providing you qualify, you can borrow 100% of the appraised price of the property, even if you’re paying less for the property.

These are a just a few benefits of using your VA loan, there are many more.

 

To find out more about buying or selling a home, contact us here at Allyn & Associates!

 

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