VA home loans and FHA loans are great options for military service members looking to buy a home.
Qualified veterans, reservists, active-duty personnel, and their spouses can purchase a home up to a specified amount with little or no down payment.
Some benefits of a VA home loan include:
In addition to buying or building a new home, military service members can use a VA home loan to repair or improve their existing home, refinance a current mortgage, or even install home efficiencies improvements.
For more information, visit the home loans section of the VA website.
Military members can also take advantage of FHA loans. These loans are designed to meet the needs of homebuyers with low or moderate incomes and feature:
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