A mortgage backed by the U.S. Department of Veterans Affairs, more commonly known as a VA loan, is one of the most practical and powerful military benefits. With VA financing, it’s much easier for eligible service members and military spouses in southern Texas to realize the dream of homeownership.
You may be eligible for a VA loan if you’re an active duty military member, a veteran of the armed forces, a national guardsman, a reservist, a disabled serviceman or a surviving spouse. Other individuals, including military academy cadets and public health service officers, may also qualify for VA financing. The experienced professional team at PRMI can determine whether you’re a candidate for a VA mortgage – and if so, whether a government-backed home loan makes sense for you.
For many qualified Brownsville home buyers and home builders, a VA loan is the best borrowing option due to the many upsides to the program. VA financing comes with perks that aren’t found with other home loan programs – no down payment, limits on closing costs, competitive interest rates and no private mortgage insurance (PMI) are just a few of the reasons to take advantage of your VA loan benefit.
Taking the first step toward securing VA financing is as easy as reaching out to the PRMI team. Wherever you are on your homeownership journey, we’re ready to help. Reach out to our local loan originators today!