11/28/2022
If you’re a service member or a veteran in the market for a new home, it’s likely that getting a VA (Veterans Affair) home loan has crossed your mind. Perhaps you heard about all the ways a VA loan trumps a conventional loan, such as...
🏠Little-to-no down payment required
🏠No PMI (Private Mortgage Insurance), which is a requirement for borrowers putting down less than 20% of the mortgage amount
🏠No prepayment penalty
🏠No minimum credit score
These are some amazing benefits. Yet, you may have also heard reasons why not to get a VA loan. These are largely unfounded and based on extremely outdated information. Let’s review and debunk those myths right now for you! https://www.annie-mac.com/page/va-loans-myths-debunked