A VA loan is one of the best lending options for many people – but the catch is that you must be an honorably discharged veteran of the U.S. Armed Forces (any branch or any component), be currently serving, or be a qualified dependent to take advantage of them. Benefits of VA Loans For most people, the biggest benefit of a VA loan is that you don’t have to come up with a down payment to buy a home. You can finance 100 percent of your home purchase with this type of financing. Other benefits … Continue reading...
VA Loans in Charlotte: What You Need to Know if You’re a Veteran
If you’re an honorably discharged veteran of the U.S. Armed Forces, you could—and most likely do—qualify for a loan backed by the Veterans Administration. Many vets who are buying a house for sale in Charlotte, NC aren’t aware of all the benefits a VA loan has to offer, though, so let’s dive right in. VA Loan Basics The loan doesn’t actually come from the Veterans Administration, so calling it a “VA loan” is only partially correct. The loan comes from a private lender of your choice, and … Continue reading...