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Every year there are many veterans who use the VA Home Loan Guarantee Program to purchase a home. With this program qualified veterans can get a mortgage loan through a VA-approved lender. Some qualified veterans can obtain this loan with no down payment, low closing costs, fewer fees or a lower monthly payment than if they went to a traditional lender. The key to purchasing a home through the VA Home Loan Guarantee Program is to get pre-approved for the program first so that you know you are eligible and exactly how much of a home you can afford.
The process of getting pre-approved for a VA home loan includes:
Getting a pre-approval for a VA Home Loan Guarantee is good for you and for the house hunting process. It helps the veteran know that they can get a home loan and for how much. It also shows real estate agents and sellers that you are serious about purchasing a home now and you can afford the price range you are searching in.
See a related article: VA Loan Guidelines
We are the online Home Loan Specialists. It is our goal to ensure that your VA home loan process goes as smoothly as possible. Let us help you get the process started today online, or call us at 800-405-6682.
If you need advice concerning Veteran Home Loans, feel free to contact a Home Loan Specialist online or call 800-405-6682. Specialists can help determine whether a Veteran Home Loan is the best financial decision for you.