The homeownership rate among veterans far outpaces that of civilians, according to Veterans United Home Loans. However, active duty personnel often face challenges, due in large part to deployments. But there is good news for the nation's heroes.
Veterans and active duty service members are usually eligible for a VA home loan if they have served in the following capacity.
• 90 consecutive days on active duty during wartime
• 181 consecutive days on active duty during peacetime
• 6+ years in the National Guard or Reserves
Veterans Affairs also offers foreclosure avoidance protection assistance for homeowners. Approximately 500,000 veterans and service members have avoided foreclosure since 2008 as a result of these efforts.
The VA Loan is a hard-earned benefit for those who have served. It offers $0 down home loans for veterans, service members, and surviving spouses. See if you're eligible for this historic program.
Veterans United Home Loans