• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

US Military

  • Branches
    • Army
    • Navy
    • Air Force
    • Marine Corps
    • Coast Guard
    • National Guard
    • Air National Guard
    • Find A Recruiter
  • Find A Recruiter
  • Military Benefits
    • GI Bill
    • VA Loans
    • Military Scholarships
    • Military Friendly Colleges
    • Money
  • Jobs
    • Military Pay Chart
    • Veteran Jobs
    • Civilian Jobs
  • VA Loan Rates
  • Military News
    • Top News
    • Benefits
    • Careers
    • Education
    • Featured Columnists
      • Larry Fowler
      • Scott Ostrow
      • Kim Lengling
      • Dr. Sasha Toperich
      • Rick Stewart
  • USM Shop
  • GI Bill
  • VA Loans
  • Military Scholarships
  • Top Military-Friendly Colleges and Universities in America

Veterans Home Loan Program Benefits

October 1, 2008 By admin

Working as a Servicemember yields a lot of different benefits, but one of the best comes after a person has served their first six months. After service of 180 days of consecutive service a person becomes a Veteran as defined by the Veterans Administration. After that point a person is then able to qualify for a variety of US VA home loan programs. These are loan programs that are available exclusively for Veterans, and they are at attractive terms and financing rates.

The Guaranteed Home loan Veterans program can assist you in trying to make your way through all the complex and complicated issues with trying to finance a home. Using the Veterans Guaranteed Home loan program can be a very wise investment, and best of all it doesn?t cost you anything to apply or use the program. Regular mortgage lenders such mortgage companies, banks or even savings and loan institutions can participate in these loan programs with you. In some different cases there may be fees that because of your participation in the VA home loan program you may even be exempt from. Different loans that are reserved for Veterans and their families through the various home loan programs that the VA has. Loan amount are available for up to $400, 000 dollars of the entire loan, with the loan guaranteed by the Federal Government on behalf of the Veteran. It provides you, the borrower with sometimes-vast amounts of savings over other commercially available loans, savings in different fee amounts. You can use the VA Guaranteed home loan program in a few different ways; each of them provides the lender with a guarantee that the loan will be repaid, if for some reason you are not able to pay the loan. These loans were designed to benefit military Servicemembers and Veterans and to assist them in home purchase and ownership. Some of the different things you can use a home loan for includes: remodel your home, to purchase a manufactured home with a lot placement plan, to buy a new home or residential condo, to purchase and weatherize a home, and to repair, or alter your home. There are a number of different types of home loans.

Find the Military Career right for YOU ! Click here for more Information.

It is a program designed as a benefit to Veterans and Servicemembers in the United States Armed Forces. VA Home loans often have began to make ownership of homes for Veterans more of a reality. Mortgage debt can be daunting in a number of different ways and VA Home loans often have financing rates better than can otherwise be found commercially.

Filed Under: Benefits, Updates

[related_posts_by_tax format="thumbnails" limit_posts="100" image_size="sidebar-thumbnail" public_only="true" posts_per_page="6"]

Primary Sidebar

USMilitary.com Career Guide

Sign up to receive USMilitary.com email updates and to hear what's going on with all military branches!

Featured Columnists

Larry Fowler

Larry Fowler is the publisher of USMilitary.com Network one of America's premier privately owned

Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).

Scott Ostrow

Lt Col (Dr.) Scott A. Ostrow retired from the Air Force in September 2005 and has been teaching

Must Read: The Truth About The ASVAB Test Prep From The Man Who Wrote The Book

Kim Lengling

Kim Lengling is a Air Force Veteran whose passion is to help support veterans and their

The Moving Wall: Women Who Paid The Ultimate Price For Their Country

Dr. Sasha Toperich

Dr. Sasha Toperich is the Senior Executive Vice President at Transatlantic Leadership

Sarraj’s Dangerous Dance With Power

Rick Stewart

Rick Stewart is a former United States Air Force Survival, Evasion, Resistance, and Escape (SERE)

Announcing American Patriots Unsung Magazine

Nathan B. Nelson

Capt (ret) Nathan B. Nelson is the Director of Military Affairs for the 1st Congressional district

Three Critical Considerations for Every Veteran Prior to Leaving Active Duty

Laquan Daniels

Laquan Daniel is a military recruiting expert with over 17 years of specialized experience in the

Important News For Military Transitioning Veterans

Veteran Buzz

Hire Military Veterans

Which Companies Are Most Likely to Hire Military Veterans?

July 30, 2018 By Ben Ehinger

High-Paying Jobs for Military Veterans

5 High-Paying Jobs for Military Veterans

July 2, 2018 By Ben Ehinger

High Paying Jobs Not Requiring a Degree

June 28, 2018 By Ben Ehinger

Footer

  • Advertise With Us
  • Privacy Policy
  • Write For US
  • Link to Us

Recent

  • Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).
  • Apache Attack Helicopter Pilot: To Maintain a Watchful Eye, “Above the Best”
  • Peering Into The Future: NATO 2030 Initiative Announced
  • What Military Branch Sees the Most Combat?
  • From Belarus “With Love”, Yet Again

Search

© Copyright 2021 USMillitary
Web Design by Goebel Media Group


THIS IS A PRIVATE WEBSITE THAT IS NOT AFFILIATED WITH THE U.S. GOVERNMENT, U.S. ARMED FORCES, OR DEPARTMENT OF VETERANS AFFAIRS. U.S. GOVERNMENT AGENCIES HAVE NOT REVIEWED THIS INFORMATION. THIS SITE IS NOT CONNECTED WITH ANY GOVERNMENT AGENCY.

​Tips
Discounts
News

​

​

Join the USMilitary.com Newsletter Today!

By subscribing you agree to our terms & conditions

x