VA Home Loans

Helping Veterans Find a Home Loan That Works for Them

Our nation's veterans deserve the very best, and that principle extends to financing their dream home.

With the aid of the U.S. Department of Veterans Affairs, a VA home loan helps deserving veterans finance their homes in Austin, Texas, with 0 percent down and competitive interest rates.

For veterans looking for the best financing option for their needs, Big Life Austin can help you secure a VA home loan that allows you to get in the door of the home of your dreams. With expert advice and a wealth of experience, our team will help you find the option for a VA Home Loan in Austin, TX.

What Is a VA Home Loan?

The VA Home Loan originated in 1944 when the federal government began offering a 0 percent down mortgage for veterans returning from service to buy homes.

Over the years, the VA Home Loan has provided more than 22 million government-backed home loans to help active-duty military, veterans, and their families purchase homes and refinance mortgages.

Similar to an FHA loan, the VA loan can help Austin home buyers avoid tight restrictions on private home loan applications, which can include high credit scores, large down payments and more. With the VA Loan, qualified home buyers can put as low as 0 percent down on their home with interest rates competitive with private lenders.

All of those benefits allow veterans and active-duty military to get their foot in the door with the home of their dreams. Big Life Austin's team can give you all the information you need on a VA home loan to finance your home.

Traditional Loans Vs. VA Loans

While active military and veterans can apply for any home loans, they may find some marked benefits in a VA Loan.

With a traditional loan, home buyers can expect:

  • A standard 20 percent down payment on their home.
  • Required private mortgage insurance up to 80 percent the value of their home.
  • Higher lender risk, leading to higher interest rates.
  • Strict qualification guidelines.

With a VA loan, qualified buyers can expect:

  • As low as 0 percent down payment on the price of a home.
  • No required private mortgage insurance.
  • Low lender risk due to government backing and more competitive interest rates.
  • Standard qualification through a government program.

Unlike traditional home loan options, the VA loan gives qualified buyers a remarkable opportunity to buy a home with little cash flow and government backing.

The Best Option for VA Home Loan in Austin, TX

If you choose to pursue a VA home loan, Big Life Austin can help steer you toward a financing option that best suits your need.

With our world-class staff, we will give you all the information and tools you need to determine whether a VA home loan in Austin, TX, is the best option for you.

If you're interested in hearing how we can help you, contact us today.

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