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Veterans looking to jump into the metaphoric pool of home buying better do so while the water is warm. Home prices are at historic lows in South Dakota and across the nation. All over, veterans realize their huge benefits of the VA loan umbrella and are making their homeownership dreams blossom.
Talk with a VA specialist and fill out our form to learn more about your home buying options.
The VA loan boasts a few advantages when compared to traditional loan options. VA loans require zero money down. Monthly payments as well as interest rates stay just as reasonable without a down payment as with one.
South Dakota veteran homebuyers could receive up to $424,100 on a home loan with the VA mortgage program. See South Dakota VA Loan Limits here. The closing costs on the loan are considerably lower than with conventional loans.
Veteran homebuyer do not need to be worried about hidden fees because Veterans Affairs protects homebuyers from any added on fees, not to mention the VA backs the loan in the event a borrow defaults.
Veterans need a certificate of eligibility plus completely and accurately filled out application. The certificate can be easily obtained through one of our South Dakota VA specialists. Our VA specialist will also help with the application. To connect with a specialist, fill out our above form or call 1-800-405-6682.