In 1944, the U.S. government created a military loan guaranty program to help returning service members purchase homes. The result,the VA Loan, is a mortgage loan issued by approved lendersguaranteed by the federal government. Since its inception, the VA Loan program has helped place more than 20 millionveterans and their familiesinto an affordable home financing situation.
Today, the VA Home Loan program is more important than ever to service members. In recent years, lenders nationwide have tightened their lending requirements, making the VA Loan a lifeline for military homebuyers, many of whom find difficulty when faced with tough credit standards and down payment requirements. For more information you can also visit: http://www.benefits.va.gov/homeloans/
There are many benefits in using a VA Loan:
NO PMI - Since VA Loans are government backed, banks do not require you to buy Private Mortgage Insurance.
Competitive Interest Rates
Easier to Qualify
If you are military (active or retired), fire fighter, law enforcement, or teacher please contact us at www.loudounheroesnetwork.com to learn about discounts and rebates to be applied to your home purchase or the sell of a home.
I'm not a licensed lender but if you would like to talk with a lender about this program please contact me and I will put you in touch with several that can help you.
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"We enjoyed working with Melody from the moment we met! As first time home buyers, we had a lot of questions, and were a little “green” on the whole process. Melody spent a big chunk of her Saturday morning with us going over the market, the home buying process, and answering all of our questions; no matter how silly. We related to her very well, and felt like she just “got us”. She was great about sending listings, responding to any and all emails, and coordinating showings of homes with us. She had a great understanding of what we were looking for, and even helped us realize things we didn’t even know we may need or want in a home. We found the perfect home for us rather quickly, and Melody was very quick when negotiating our offer, and following up with the selling parties. She referred us to a great lender, a wonderful settlement company, and our entire process went smoothly thanks to her professionalism and follow through. We couldn’t have asked for anyone better and will be referring everyone we know to Melody, as well as calling her in the future when its time to do this fun process all over again!”"