Va Mortgage Loans

Written by Patricia Skinner
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Buying your own home is quite possibly the largest investment you'll ever make. Taking this big step towards establishing yourself can be the best of times and the worst of times. Right now, it can be particularly difficult to get yourself prequalified for the type of loan you need to buy the home you want.

Military Service Background?

If you or your spouse have ever done any military service, you may be eligible for VA mortgage loans. These types of loans are often made with no downpayment, so that extra cash can be used for making your move to your wonderful new home particularly spectacular.

Find Out If You're Eligible

To begin with, you need a certificate of eligibility. I can tell you right now that if you've served more than 90 days during war time, or 181 days during peace time, you're OK.

Even If You Have Bad Credit

VA mortgage loans can sometimes be granted even if you have a previous foreclosure to your name, or bad credit for some other reason. You'll also be saving money with a VA mortgage loan.

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