The price veterans are asked to pay is high, and it’s a price they’re willing to pay. At Pineywoods Mortgage, we think that when veterans agree to safeguard our country, they deserve a little something back. That’s why we’re proud to offer VA loans, and while they can be a great option for members of the armed services, they include more than a little fine print.
WHAT IS A VA LOAN?
The Veterans’ Administration was put in charge of helping veterans buy a home, a farm, or a business. With less restrictions, VA loans have helped thousands of veterans qualify for home ownership who otherwise wouldn’t have. There are many reasons to obtain a VA home mortgage loan if you qualify.
You probably qualify for a VA loan if you’re part of the military, the Coast Guard, a reservist, or a veteran. If you’re currently on active duty, you’ll be eligible to qualify once you have served for six months. As a reservist or National Guard member, you’re eligible in six years, unless you are called up for active duty. Should that happen, you become eligible after 181 days. Spouses of those who have died in the line of duty or due to a service-related disability are also eligible.
Pineywoods Mortgage in Tampa believes strongly in helping veterans obtain homes and achieve one of their dreams. Below are just some of the reasons to obtain a VA loan if you are a veteran. Contact us today!