VA Loans in Dallas, Texas

While the U.S. Department of Veterans Affairs offers a range of benefits to current and former military service members in Dallas, Texas, the VA loan program remains the most well-known. Given the many advantages, this isn’t surprising – and actually, for those who are eligible, VA-guaranteed mortgages are widely considered to be one of the best options for buying a home.

Why are VA home loans so appealing? For starters, unlike most other types of mortgages, VA loans require no down payment. Dallas borrowers aren’t saddled with private mortgage insurance (PMI) either, which yields savings every month. Also, with VA financing, there are limits on closing costs and no penalties for prepayment or refinancing.

Clearly, VA mortgages come with impressive perks. On top of that, this form of financing features qualification requirements that are relatively lenient – and, these home loans aren’t just for veterans, active-duty service members and their surviving spouses. National guardsmen, reservists, military academy cadets and disabled servicemen can become Dallas homeowners through the VA mortgage program.

VA financing could provide you with the means to realize your dreams of homeownership, but is it your best bet? The mortgage professionals at PRMI Dallas can help you find the ideal lending solution, and we’re ready to assist you with every step of the borrowing process. For a look at the various home loan programs available in north Texas, or to take advantage of your VA loan benefit, contact the PRMI team today!