Veterans are turning to their home loan benefit in never-before-seen numbers, driven by rock-bottom interest rates and a surge in refinance interest.
During this unprecedented homebuying season, thousands of veterans are still closing on VA home loans every single week. But two parts of the process -- the VA appraisal and home inspections -- might look a bit different for some buyers, depending on how the coronavirus is impacting their community.
Here we compare the primary differences between VA loans and conventional loans to show you when each option may be the best.
VA loans to purchase homes increased for the eighth straight year in Fiscal Year 2019, according to data released recently by the Department of Veterans Affairs.
VA loan limits and the VA loan funding fee are in for changes after the passing of the Blue Water Navy Vietnam Veterans Act of 2019. See how changes in Agent Orange benefits are affecting VA loans in 2020.
Most states offer disabled veterans a property tax exemption, which can save veterans thousands each year depending on state and disability percentage. Learn about property tax exemptions here.