Macon, Georgia VA Home Loan Financing Benefits

More than 29 million veterans and service personnel are eligible for VA financing. Even though many veterans have already used their loan benefits, it may be possible for them to buy homes again with VA financing using remaining or restored loan entitlement. VA loans usually do not require a down payment – Also the Seller can pay your closing costs to achieve a true zero down payment home loan. Find out more by calling American Brokerage today. We will put you in touch with a Macon real estate professional and help you through the VA Home Loan Process.

To pre-qualify for a VA loan, simply apply online and an American Brokerage VA Home loan specialist will assist you.

There are several sets of criteria used to determine your eligibility – A few are listed below:

Veterans who served on active duty and were discharged under conditions other than dishonorable, during World War II and later periods are eligible for VA loan benefits. World War II (September 16, 1940 to July 25, 1947), Korean conflict (June 27, 1950 to January 31, 1955), and Vietnam era (August 5, 1964 to May 7, 1975) veterans must have at least 90 days' service. Veterans with service only during peacetime periods and active duty military personnel must have had more than 180 days' active service. Veterans of enlisted service which began after September 7, 1980, or officers with service beginning after October 16, 1981, must in most cases have served at least 2

Persian Gulf Conflict.

Basically, reservists and National Guard members who were activated on or after August 2, 1990, served at least 90 days and were discharged honorably are eligible. VA regional office personnel may assist with eligibility questions.

Does my entitlement guarantee that I will get a home loan?

No, as with any other loan your VA Home Loan will be underwritten to VA income and credit standards. While VA Home Loan Underwriting criteria is somewhat flexible it does not accommodate everybody. In some cases eligible borrowers may need to use conventional financing with different underwriting criteria.

To get your Macon VA Home Loan - Call American Brokerage at 800-874-8760, or apply online, for your Macon home purchase. Veterans – don’t miss your opportunity to use your VA home loan benefits!