VA loans are designed for veterans, service members and military families. The rules for qualification are set by the US Department of Veteran Affairs (VA).
Some of the great benefits of VA Loans are that you typically do not need to make a down payment and there is no private mortgage insurance (PMI) requirement. VA Loans can make the dream of home ownership a reality for military personnel and veterans who otherwise may not be able to afford a home loan.
Contact Patriot Home Loans if you have any questions about a applying for a loan!