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Carolyn Fleary
202-798-3377
carolyn@flearyrealty.com
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Carolyn Fleary
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202-798-3377
carolyn@
flearyrealty.com
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Carolyn Fleary-Parker | Veteran Home Programs - Maryland
       

VA Guaranteed Home Loans

The US Department of Veterans Affairs, Veterans Benefits Administration (VA), helps Service members, Veterans, and eligible surviving spouses become homeowners. They provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. 

The VA Guaranteed Loan can be used to:

1- Buy a home, either existing or pre-construction

2-Finance an existing home

Carolyn Fleary-Parker
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Benefits & Eligibility

Top Benefits

(learn more)

-100% Financing, No Down Payment (unless required by the lender or the purchase price is more than the reasonable value of the property) 

-Seller Can Pay Closing Costs (VA limits certain closing costs a Veteran can pay)

-Loans up to $636, 150 in Maryland

-No Mortgage Insurance 

-VA Appraisal (Minimum property requirements to ensure the property is safe, sanitary, and sound)

Program Eligibility

(learn more)

Generally, the following people are eligible:

-Veterans who meet length of service requirements

-Service members on active duty who have served a minimum period

-Certain Reservists and National Guard members

-Certain surviving spouses of deceased Veterans

For all program details and eligibility requirements, please contact our preferred lenders (learn more)