Chris Birk, the creator of “The Book on VA Loans,” explains how the VA residence mortgage program works and its benefits.
Because the federal government backs VA loans, they’re one of many most secure loans in the marketplace and might present veteran homebuyers with distinctive options. So far, the VA mortgage program has helped hundreds of thousands of service members, Veterans and army households safe residence financing since its creation in 1944. Chris Birk covers advantages of the VA mortgage akin to no down cost, no PMI, decrease credit score benchmarks, rates of interest and extra.
0:11 – Government-backed mortgage
0:56 – No Down cost
1:25 – No Private Mortgage Insurance (PMI)
1:54 – Credit Score
2:30 – Lower Interest Rates
2:56 – Closing Costs
3:48 – Loan Limits
4:44 – Occupancy Requirements
5:04 – VA Loan Assumptions
Watch the complete VA Loan Guide to Homebuying right here:
8 Things to Know about VA Loans:
For homebuying suggestions, comply with us on:
VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203
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