Doddridge News: VA Home Loans Can Help Servicemembers and ...

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VA Home Loans Can Help Servicemembers and Veterans Purchase, Refinance, or Adapt a Home

The Department of Veterans Affairs (VA) offers a variety of?home loan programs?for active duty?service members, veterans, and National Guard and Reserve members:?

• Purchase Loans?help purchase a home at a competitive interest rate often without requiring a down payment or private mortgage insurance.
• Cash Out Refinance Loans?take cash out of your home equity to pay off debt, fund school, or make home improvements.
• Interest Rate Reduction Refinance Loan?can help you obtain a lower interest rate by refinancing an existing VA loan.
• Native American Direct Loans?help eligible Native American veterans finance the purchase, construction, or improvement of homes on Federal Trust Land, or reduce the interest rate on a VA loan.
• Adapted Housing Grants?help veterans with a permanent and total service-connected disability purchase or build an adapted home or to modify an existing home to account for their disability.

Source: http://www.doddridgenews.com/2013/06/va-home-loans-can-help-servicemembers.html

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