Are you a veteran? Would you like to buy your own home? It turns out that lots of vets don’t know about this exclusive benefit. This was originally published on The Penny Hoarder, which helps millions of readers worldwide...
There are roughly 18 million U.S. military veterans. Together, they make up about a seventh of the country.
That’s a lot of people. In fact, only four states have more people than that.
Most of those veterans will become homeowners at some point. However, a lot of vets are first-time homebuyers, and a surprising number of them don’t know about a huge benefit their service affords them: VA loans. Or, if they’ve heard of VA loans, they’re not totally familiar with what that means.
Why is this such a big deal? If you’re a veteran, a VA loan could buy a home with zero money down. Seriously. For most vets, there’s no need to wait until you’ve saved up a big 20% down payment. That’s a huge obstacle for many homebuyers.
If you’re a veteran, and you’re looking to buy a home, a company called Veterans United Home Loans could help you buy one — no down payment needed.
How You Could Buy a Home Without a Down Payment
Veterans United Home Loans is the single biggest lender for VA purchase loans in the country. It’s licensed in all 50 states, and in 2020 alone, it helped more than 86,000 service members, veterans and military families secure more than $23 billion in VA loans. Veterans United has been the nation’s No. 1 VA purchase lender since 2016.
Here’s why: Veterans United offers competitive, transparent rates. And it acts as a resource for military homebuyers and their families, offering 24/7 customer support over the phone.
Also, Veterans United just makes it really simple to apply for a VA loan. You can use its website to see if you’re eligible, and it’s easy to apply for a free quote.
You might be thinking this sounds complicated. But here’s the thing: Veterans United makes it easy. It handles all the hard parts for you, and its VA loan experts on staff know how to navigate the whole process quickly and easily. They know the benefits and processes inside and out, making sure you get every benefit you qualify for.
How to Get Started
So, you’re ready to buy a home. Veterans United makes it easy to get started and even pre-qualify for a loan online. Just click here to tell them about which branch you served in, where you want to shop for a home, your price range and some other basic info. It takes just a few minutes, then you can get started house-hunting.
Mike Brassfield (mike@thepennyhoarder.com) is a senior writer at The Penny Hoarder. He’s not a veteran, but he is a homeowner.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.