VA loans an advantage in a bad economy
It’s good to know that you have a dependable option in this declining economy, and many servicemembers and veterans are taking advantage of theirs in this difficult time.
Despite today’s housing market, VA loans continue to be sound and stable options for the military comunity.
With more than 162,000 home loan guarantees issued so far this year, the VA has seen an increase of about 31 percent since ths time last year.
One major reason for the increase? VA loans can still be obtained with no downpayment, a quality that has become increasingly difficult to find via conventional loans.
Last year more than 90 percent of VA loans were issued without any downpayments.
Consumers VA loans also appreciate the quick and easy service. Technilogical advantages now alow a VA loan to be received electronically within 24 hours after applying for the loan.
For more information, browse AllMilitary.com’s “VA Home Loans” link found on the VA Benefits page.
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