VA Loans – What Are VA Home Loans?
Mike and Jennifer Rigley 916.378.4671 / Info@RigleyRG.com
Are you a local hero looking to buy or sell a home in Elk Grove? CLICK HERE to find out about the Home Benefits for Heroes savings program NOW! Former and active Military, law enforcement, firefighters, health care providers, first responders, and teachers are but a few of the everyday heroes that may be eligible for home buying and home selling discounts through Home Benefits for Heroes
What Are VA Loans? The name is misleading they’re not loans FROM the VA. The VA – short for “US Department of Veterans Affairs” – is the Federal military veteran benefit system. The VA administers benefits and services for Servicemembers, Veterans their dependents and survivors. Programs related to home loans are one of their key services
The VA is not a bank; they do not provide home loans themselves. But they do guarantee a portion of home loans provided to veterans and other eligible people by banks and mortgage companies. These guarantees enable lenders to provide more favorable terms. They are are commonly called “VA Loans”. They cover buying, building repairing, retaining and adapting homes for personal occupancy by eligible Veterans and survivors.
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(We are now donating a portion of every closing commission to the Wounded Warriors Project. Your referrals and business help those who have given their all to our country.)
Looking for a top Elk Grove realtor? Call the Rigley Realty Group of Keller Williams Realty Elk Grove today at 916-378-4671 or log on to www.RigleyRealtyGroup.com to start your on-line home search now. Call us today – you’ll be glad you did.