Is a VA Home Loan an Option for you?

Need a home loan? Try calling up red white and blue bank of The ol’ U.S. of A!

In the last year the Government has insured that 489,418 veterans get a home Loan. Thats nearly 63 billion dollars allotted to VA home loans. Now with the gov’t protecting the lenders and dishing out the cash is now a time to jump on the gravy train before its too late?

While the government doesn’t always do a good job on taking care of veterans in health issues they seem to be more than happy to dish out cash at no money down for vets to move towards owning a home. They limit the amount lenders can charge on closing costs, origination fees and even appraisal fees.

No mortage insurance is required as well. In fact the VA prohibits lenders from requiring it which is fantastic news. Bob Finneran, the VA’s assistant director for loan policy and valuation said. “We’re putting a guarantee on the loan, so we’re not expecting them to get other insurance and charge the veteran for that.”

Why is the government so intent on helping veterans buy homes?

I just don’t know. Could be that they’re self conscious of the housing crisis many of them let happen and how it makes America look on the global stage.

Or maybe they’re not the completely conspiratorial money horders we make them out to be, and they do have a sliver of concern left for those who served and protected in the wars they voted for and didn’t serve in.

The answer is we’ll never know, but one thing I am sure of is that this VA loan benefit is just that. A benefit, a tool to be used with discretion but certainly a tool just like a fork if used right you’ll have a better chance at getting all the food in your mouth instead of on your nice 700 dollar tacticle turtle neck you just got for christmas. Beware though if the tool I speak of is used wrong you could end up with a fork sticking out of your leg if you catch my drift.

If you’d like to take advantage of the opportunity you’re being given at the present moment just click here and see if you qualify for a VA Loan yourself.

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