VA Home Loans

Here are ten facts about the VA Home Loan Program: (1) there is no down payment and no mortgage insurance required; (2) you can use your VA Home Loan benefits as many times as you want; (3) your benefit never expires; (4) surviving spouses may be eligible to use the benefit; (5) VA loan rates are typically about 0.25% lower than those of conventional loans; (6) VA loans are available from local lenders; (7) you can use your VA Home Loan benefit to buy, refinance, or tap into home equity; (8) a lower credit score, bankruptcy or foreclosure does not disqualify you from a VA home loan; and (9) you can buy many types of properties with a VA loan. For more information, visit Military.com's VA Home Loans section.