Three Reasons to Get a VA Loan Today - PowerPoint PPT Presentation

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Three Reasons to Get a VA Loan Today

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When you purchase a new home, you are required to come up with a certain amount of money for the down payment. This can range depending on the total price of the home and can often be an expense that is quite costly. – PowerPoint PPT presentation

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Updated: 14 October 2015
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Title: Three Reasons to Get a VA Loan Today


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Three Reasons to Get a VA Loan today.
  • 1. No Down Payment
  •  
  • When you purchase a new home, you are required to
    come up with a certain amount of money for the
    down payment. This can range depending on the
    total price of the home and can often be an
    expense that is quite costly. Many families have
    to save up for years to afford a new homes down
    payment. But with a VA home loan, that down
    payment is waived in the majority of cases. This
    means a veteran can become a homeowner with no
    money down, allowing them to have a piece of the
    American Dream a lot easier. Its the only loan
    available today with no down payment!

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  • 2. Lower Interest Rates
  •  
  • Another benefit of this loan is that the borrower
    usually gets a lower interest rate than whats
    ordinarily available with other types of loans.
    This translates to lower monthly payments and the
    borrower will be able to pay down the amount of
    their loan a lot faster than others with a higher
    interest rate.
  • 3. No Private Mortgage Insurance (PMI)
  •  
  • As a result of the housing recession that
    happened some years ago, banks are now insuring
    themselves in case anything like that happens
    again with the addition of private mortgage
    insurance, which is an added fee to loans that
    dont have the needed 20 down payment of the
    appraised value of the home. This insurance
    protects the lender if you ever default on your
    monthly payments. Since military men and women
    dont need a down payment, they are not required
    to have PMI and this results in lower monthly
    mortgage payments.

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  • To give back to these brave men and women, the US
    government offers a special VA loan, which is a
    great opportunity to afford the American Dream
    and be a homeowner. VA home loans are exclusive
    to those who bravely served our country and are
    available to those who have served our country
    and offer a number of advantages. Here are some
    of those benefits.

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I just want to say how thankful I am with
American Hero Mortgage and Morris Newmanhis
dedication changed my life. There's nothing more
profitable to your finances than your house. It's
the largest tax shelter working class citizens
have. Mr. Newman fought diligently for my loan,
my house and closing.  If you're a veteran,
firefighter or just a plain old Jane call him and
start the process, and put someone on your
team that has knowledge class and experience. I'm
writing this post sitting in my new house wow.
Seven weeks ago I was in Miami now I'm in Coral
Springs. Thank father in heaven
William HiggsVeteran Firefighter for Miami
Dade Fire Rescue
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