How to Get the Best Mortgage Rate for Veterans with VA Home Loans Do you want to know how to get the best mortgage rate for veterans, with VA home loans? VA loans can be a valuable tool for veterans and service members to purchase a home without the need for a sizable down-payment. Typically, lenders ask for a 20% down-payment, but in the case of service-members, it can be difficult to gather that much capital. Luckily, there are alternatives. What Are VA Home Loans? VA loans are financial products that are insured by the US Department of Veterans Affairs. They are available to, among others: The majority of US military veteransActive-duty militaryReservistsMembers of the National GuardSurviving spouses of deceased veterans (who died in service or of service-connected disabilities)Surviving spouses receiving Dependency and Indemnity CompensationSpouses of service members who are MIA or POWs As well as often requiring lower down-payments, they typically include lower rates and fees...
