572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719

homes@midrealty.com

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“Let’s Talk Real Estate! “Home Loans For Veterans” June 2nd, 2021

Mid Realty officeJarlynn Hyde

Lets Talk Real Estate!

“Home Loans For Veterans”

Although many people think of a VA (Veteran’s Affairs) home loan as one that a veteran obtains immediately after serving in the military, it is a benefit that can be accessed at any time after an honorable discharge, although it may be limited to first-time homebuyers.  VA loans have many benefits over traditional home loans, such as not requiring a down payment or mortgage insurance (PMI).  They are also 100 percent guaranteed by the U.S government.  In addition credit scores and are easier to qualify for, the closing costs are lower, and there are no prepayment penalties.  They can also be used to refinance an existing mortgage.  We will help you understand the various mortgages and programs that maybe available to you and what you may expect on your closing escrow costs.  And although we are not a financial advisors, we consider it an important part of our services to give you as much information as possible about this major issue of buying a new home.  Contact us today if you need help with your real estate plans. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”

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