Today if you are an eligible veteran you have an opportunity as a home buyer that many non-veterans don't have when it comes to cash out of pocket to purchase a home. Most of the zero down home loan programs are not available any longer. However if you are a veteran you have the option to use your VA benefit to purchase a home in the Bremerton, Silverdale, Naval Kitsap area of Kitsap County! Here are some facts and links to the official government web pages. If you would like to speak with a lender that can handle a VA Home Loan in the Naval Base Kitsap area give me a call – I know just the person to connect you with!
- VA Home Loan Guarantee program provides mortgage insurance with 100% financing.
- No monthly mortgage insurance required
- Up to 41% Debt to Income Ratio
- Credit guidelines may be more flexible than other types of loans. No credit – there are ways!
- No minimum credit score requirements
If you want to do more research prior to making the call please click on the links below.
Department of Veterans Affairs – Home Loan Guaranty Services
Department of Veterans Affairs – Veterans Information Portal
Department of Veterans Affairs – Am I Eligible
Jo Soss-Olson · WestSoundLive · Copyright © 2008 · All Rights Reserved
Author:Jo Soss
Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.
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Jo, you cannot beat 100% financing. What a deal for our veterans. Good post.
Gary, no you can't! I think the VA loan is back on top :)
They deserve it too. Great info, Jo!
I will be waving @ you Sunday! :)
Jessica, thanks. I will make sure to look out the window!! :)
J0- I just sent some AR folks over to see your great videos on your blog.
Katerina, Thanks! I need to get out and make some more videos :)
Good info.