Over the decades, South Florida has consistently been a hot real estate market. Unfortunately, we’ve seen many instances where potential homeowners have been left out in the cold due to affordability and the inability to get mortgage lending. This is when VA mortgage benefits continue to be the most helpful mortgage financing available for those who are veterans.
VA loan benefits are often the only available option allowing some servicemen and women the ability to become homeowners in today’s market. The VA loan program is part of the VA benefits package that is designed to assist veterans and their families with some of the costs in purchasing and affording a home. The VA doesn’t administer the loans but sets the guidelines and guarantees them.
The VA loan program stands apart as a great resource for qualifying borrowers due to its low rates, lenient underwriting guidelines and other important benefits.