YOUR ROAD TO BUYING A VA HOME
You’ve earned it—a VA Home Loan Guaranty benefit to help you buy, build, or renovate your home with no downpayment and competitive interest rates, monthly payments, and closing costs.
The VA home loan process is quick and easy—and you can start it online today. Go to DoD/VA’s website at www.eBenefits.va.gov and request your Certificate of Eligibility.
START: Contact several lenders and find one with the most favorable terms for you. Get preapproved with a lender. They will verify your financial information and determine the best loan you can afford.
SHOP: A trusted real estate agent can help you navigate the homebuying process. When you find the home you like, you can sign a home purchase agreement.
APPRAISE: Your lender will order a property appraisal to determine the value of your home.
INSPECT: VA strongly recommends having a home inspection. It can provide you with peace of mind and serve as a useful negotiating tool before closing.
PROTECT: An appraisal combined with a home inspection can help provide a clear picture of whether a property is safe, sound, and sanitary for you and your family.
CLOSE: At closing, you will sign homeownership documents and agree to make the monthly mortgage payments.
MOVE IN:Congratulations, homeowner! You are ready to move into your new home.
If you have a VA-guaranteed home loan and are having difficulty making your mortgage payments, contact VA at 1-877-827-3702. Our VA Loan Technicians are available to help.
In 2013, more than 620,000 Veterans, Servicemembers, and eligible survivors obtained loans through the VA Home Loan Guaranty benefit.