Besides the advantage of requiring no down payment for qualified VA borrowers, there's also a distinct advantage for the borrower regarding closing costs. VA Loans are limited to the types of closing costs that may be paid, helping the veteran save money at the closing table. But if there are costs associated with a VA mortgage and the veteran isn't allowed to pay for them, who does? Find out more information.
Did you know you can buy or refinance a home without a full 20% down? Find VA loan lenders while rates are low.