* The amount of Va financing used to purchase land has been increasing. Regarding 1/3rd of Virtual assistant consumers will be youngest millennials leaving the brand new military shortly after its first tour and purchasing a property, Bell said.
* Know what a loan guarantee is,” said NFCU’s Hallway. “It doesn’t mean you are going to discover financing. You still have meet up with certification.” The fresh Virtual assistant doesn’t improve financing; it provides the new guarantee so you can loan providers to help you back the newest financing.
* VA’s standards are created to help make certain veterans feel the monetary ability to make their repayments and stay inside their land. Continue reading