VA Loan First Time Home Buyer - VA Loan Explained

[Eddies66]

[kerrywentling]

Thank you for the detailed explanation. A mortgage is also a profitable investment, especially for the military!

[FED 387]

lot of good points here ---do your homework its fairly easy if you do it right-- I'm on my 3rd VA home loan ---just the usual piddly *** stuff no peeling paint etc. but it can be done you just have to be patient--also you may not have to pay the 2 1/2 % funding fee if you are a disabled vet also when you finally buy your home IF you have any VA disability you may be able to eliminate either a portion or your entire property taxes depending on the state you live in ---its worth it check it out---FED 38

[Tarasyring]

Indeed, for the military, there have always been more favorable conditions for lending and mortgages. And I think this should be used because real estate is only getting more expensive every year. After paying the mortgage, you can dispose of this property as you want, which is also a big plus. And in retirement, you can apply for reverse mortgage services and secure a decent old age, which is also important. Therefore, I believe that a mortgage is a profitable investment of money, which hardly anyone has ever regretted after its repayment.

[Eddies66]

Originally Posted by FED 387

lot of good points here ---do your homework its fairly easy if you do it right-- I'm on my 3rd VA home loan ---just the usual piddly *** stuff no peeling paint etc. but it can be done you just have to be patient--also you may not have to pay the 2 1/2 % funding fee if you are a disabled vet also when you finally buy your home IF you have any VA disability you may be able to eliminate either a portion or your entire property taxes depending on the state you live in ---its worth it check it out---FED 38

Good advise, keep in mind each state has different rules. Just need to do your homework.

[TiaHarris]

Thanks for sharing the video! VA loans can be a fantastic option for first-time homebuyers. I used one myself and had a great experience (thanks to Mortgage Broker in Weston-super-Mare, who suggested it). It's worth exploring if you're eligible for the benefits they offer. Feel free to ask if you have any questions!

[bigsapper]

When I first wanted a house, I didn't know your credit score had to be good to get a home loan. It was a big surprise when they said my credit wasn't high enough. Keep this in mind if you're looking at VA or any home loan.

I took out 2-3 personal loans and ensured I paid them back on time. Doing this helped my credit score get better. After that, I was finally able to get a home loan. For the quick cash I needed, I used a payday loan app. It was easy to do. Applying took about 10 minutes, and they approved me fast, even though my credit score wasn't the best.