Veteran Programs For Homeowning

Veteran Programs For Homeowning

The U.S. Department of Veterans Affairs helps service members, veterans, and eligible surviving spouse to become homeowners.  


The V.A. will guarantee a certain portion of the loans that are granted by private banks and mortgage companies for those listed above. The eligibility of these programs depends on your length of service, service commitment, duty status and character of service. You must a have served for a minimum of 3 months on active duty during war time or 181 days on active duty during peacetime. 


1- No down payment: with a VA loan a qualified borrower might be able to finance 100% of the homes value without taking any money out of pocket

2- No private mortgage insurance ( PMI ) this would be required with less than 20% down on the purchase price. Because theses loans are guaranteed by the government, veterans could potentially save thousands on their mortgage.

3- A competitive interest rate is available. In most cases a mortgage through the veteran program comes with an interest rate 0.0375 % lower than one through SONYMA. Again, possibly saving thousands over the life of the loan.

For more information on whether or not one of these programs could work for you visit one of the sites below or contact one of the numbers provided

Christian Babcock - Loan Depot

[email protected] or visit www.loandepot/cbabcock a direct lender of VA Mortgages


Please note that this basic information on programs, individual eligibility , rates, and programs will vary by person.

Tana McGuire Headshot
Phone: 914-414-0759
Dated: December 17th 2017
Views: 480
About Tana: Leaving behind an extensive past in the hospitality business, it has enabled me to persevere through...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

What Can You Get For 321000 In Beekman NY - This charming home located in in
Coming Soon 9 26 18 - Experience the exquisite and
WHAT DOES 265000 BUY IN Carmel NY - WHAT DOES $265,000 BUY IN
PRIORITY TASKS FOR YOUR MOVE INTO A NEW HOME - Moving into a new home is an

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

J. Philip Real Estate
522 North State Rd
Briarcliff Manor, NY

Other Locations