You can qualify for zero down payment and buy a home today, you already made your down payment serving your country.
The VA loan program absolutely will help you buy with 100% financing, and the Seller can even pay your closing costs.
You may have heard that you will still need to pay closing costs, even if you are
technically going “zero down payment” and that is mostly correct, except if you get the
SELLER to pay your costs in the contract.
Your Realtor will need to ask for the seller to pay up to 4% of the purchase price
towards closing costs, so make sure you mention this when you are making your offer.
In our experience, for a Florida VA purchase, closing costs will be between 3% and 4%
of the sales price, if we include your Homeowner’s Insurance and prepaid interest in
the calculations.
If there is extra money left after closing costs, you can use these funds for any
allowable purpose, such as paying down debt to qualify.
You CAN truly get Zero Down with a VA mortgage, if your Realtor structures the deal
correctly in the beginning.
If you need more details, or want us to call your Agent and give them instructions, please call us at 727-777-4999
We take pride in knowing the VA program inside and out, and getting the MAXIMUM
BENEFIT you have EARNED!
If you have any questions, please don’t hesitate to ask, as we are here to help, and are
constantly communicating with the VA to get updates and policy clarifications.