Thank You, Veterans: A Gentle Guide to VA Home Loans

Today we say thank you to every veteran and military family. Your service matters, and so does your home.

If you have served, you may be eligible for a VA home loan, one of the most valuable benefits available to homebuyers.

Highlights of VA loans

• No down payment for many eligible buyers.
• No monthly mortgage insurance.
• Competitive rates in many cases.
• A VA funding fee may apply, though some veterans are exempt.

Who may be eligible

Veterans, active-duty service members, some National Guard and Reserve members, and certain surviving spouses. Your lender can help you get your Certificate of Eligibility.

What to know when shopping

• VA appraisals have property requirements, so a home in rough shape may need repairs.
• VA offers are strong offers. A good agent can help a seller understand that.
• You can use your VA benefit more than once in many situations.

Arizona loves our veterans

The Valley has a big military community, including the Luke Air Force Base area in the West Valley. If you are a veteran thinking about buying, I would be honored to help.

Do you know a veteran who is thinking about buying a home? Tell me in the comments. I read every one.

Thinking about buying or selling in the Valley? Call or text me at 480-572-2159, or visit lovingazhomes.com. First-time buyer? Watch my free webinar at lovingazhomes.com/first-time-buyers.

Tina Marie Miller, REALTOR®, DeLex Realty. Information is general and not legal, tax, or lending advice. Programs and amenities can change; please verify details.