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VA Home loan for the Military

Posted by on June 14, 2013 in For Families

As a 15 year veteran of the US Army, I would like to talk to you today about loans that are available to our troops.

There are basically three: VA loan, FHA loan, USDA loan.

Today I will just talk about the VA loan and its advantages.

The VA Home Loan program makes it easier for veterans and active duty military to purchase a home in today’s real estate market. However, for many first time home buyers, buying a home may seem an almost impossible task to achieve. Not really, with help from The Syd Chase Group and or Lynx International real estate, it can be a less daunting task.

Here are a few of the advantages to a VA loan: No down payment, no move in cost, loans over $500,000 depending on your area, up to $600 a month in government assistance, you can even buy a REO or Foreclosure from a bank. This is where the Syd Chase Group LLC can play a major roll for you in getting the home below market rates, even possible debt consolidation or paying off debt.

Also there is a buyer’s protection program when you use the VA home loan program. Every home must be appraised by a certified government appraiser, guaranteeing that you pay fair market value. The seller may pay all of the buyers closing costs. This way, you move in with no money out of your pocket. All homes come with a one-year home warranty.

I hope this helps and as always, have a great day!


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Syd Chase Sr.

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