VA Home Purchase

Being a military veteran in Odessa TX has some advantages. The VA Home Purchase program is designed to assist veterans, active duty military members, and certain surviving family members in the purchase of new homes.

  

A VA Loan

• often require no down payment
• have very low interest rates compared to a conventional mortgage loan
• maximum loan amounts vary by state and county, dependent on the current state of the housing market.
• specific requirements for both loan applicants and for the property purchased with the VA home loan
• criteria for who may apply for and receive a VA loan have been laid out by the government
• applicants must meet minimum length-of-service requirements
• must have been discharged honorably
• homes must pass a rigorous safety and construction inspection and any faults must be corrected prior to settlement  

While there are more requirements that must be met for a VA home purchase loan, the benefits received by those who qualify are well worth the extra effort.

 

To begin enjoying the benefits of working with a Texas VA Buyer Specialist in Odessa TX, call (432) 934-4439 today!