Advertiser Disclosure
X

Advertiser Disclosure: We may have financial relationships with companies listed on our site. We may receive compensation for placement of sponsored products or services and this may affect our decision about who to promote and where to promote them. We make every effort to be authentic and accurate with every article we write.

VA Home Loans: Benefits, Features, Types, Coverage

Features of VA Loans

  • No down payment required, (for qualified borrowers)
  • Competitive interest rates available
  • Financing available for funding fee
  • Reduced funding fees in certain circumstances
  • Limits on closing cost charges
  • Comparable closing costs with conventional home loans
  • Seller may cover closing costs
  • Private mortgage insurance is not required
  • Mortgages may be assumed
  • Prepayment of mortgage with no penalty
  • Builder warranty/cooperation, (if inspected by VA) during construction
  • Temporary payment assistance if buyer is in default




This post may contain affiliate links. This means that I may receive a small commission (at no cost to you) if you subscribe or purchase something through the links provided. Not all items recommended on this site are affiliate links. You will never see me post a link to a product or service that I don’t use myself!