How is a VA loan different than a conventional loan? Does a down payment have any impact? Can you use it for a short sale?

2019-05-26T15:36:11-04:00

We are looking to buy a home and have a COE

Response by SSgt James Carter made Jun 16 at 2019 5:09 AM

2019-06-16T05:09:25-04:00

There are so many local financing options available any more that VA loans aren't as important as they once were. VA financing can be more expensive both initially and long-term than some other local options depending on the area of the country, the state, or even the city where you want to buy. Don't assume a VA loan is the best for you simply because we're veterans, but find a local REALTOR who can introduce you to a group of local lenders that specialize in exactly what you need. I am a REALTOR in Arkansas, and can't help much outside my local area, but I can assure you that your local real estate agents are kept abreast of just about every change in financing options available.