Are you currently serving, have served, and/or retired from the Army, Navy, Marines, Air Force, or Coast Guard? If so, then you may be eligible to purchase a home with zero money down. The United States Department of Veterans Affairs offers service members their Loan Guaranty Service, Home Loan Program which real estate brokers and mortgage officers abbreviate as VA financing.
As mentioned, VA financing allows service members to buy a home with zero down payment. That translates to virtually no out-of-pocket money to purchase. To determine if you have VA eligibility it’s pretty straight forward:
If one of those four criteria is you then likely you qualify for a VA home loan.
What is the funding fee, the amount a Veteran is required to put down and if they are exempt.
An item a mortgage broker will need to verify eligibility is a Certificate of Eligibility. Before the web it was a pain and sometimes troublesome get obtain the Certificate of Eligibility but now just visit the VA’s Benifits website to retrieve yours. Also, most mortgage brokers will be able to retrieve it as well to save you time.
*Note: VA limits are $500,000 for Snohomish County but if a home is purchased in a higher amount the buyer just has to make that difference up in cash.
This immaculate home is fully upgraded throughout! Enriched with hand-scraped hickory hardwood floors, tile bathrooms, adjustable heated flooring, iron-picket railings, s...
Listing courtesy of North Pacific Properties.
Built in 2007, this charming corner lot, 2 story home lies in the heart of Sultan. Walking distance to all schools. Home is NOT in flood zone. Many upgrades including til...
Listing courtesy of Best Choice Realty LLC.
Five acre lot was logged 3 years ago and replanted. Beautiful views of the mountains in all direction but faces south directly at White Horse Mtn. Lots of opportunity h...
Listing courtesy of Landman, Inc..
Totally remodeled duplex. 2 bedroom townhouse units that have an additional bonus room for a 3rd bedroom / home office or family room. Master bedrooms have continental st...
Listing courtesy of Robinett & Associates, Inc..
Cascade Mountain Views from this home sitting on over a half acre! Ideal rental investment, new home building site or low-cost living. 3bd septic appvd. Ultimate privacy ...
Listing courtesy of Marketplace Sotheby's Intl Rty.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.