Veteran buyers or active-duty service members are in the drivers sit when it comes to purchasing a home. Besides…….sellers should welcome the experience of helping a veteran buyer purchase a home. Veteran buyers have everything working on their behalf to purchase a home. Check out the following points: Veteran buyers requires no money down The seller can pay any or all of the buyer’s closing costs Most lenders can help pay some of the veteran’s closing costs with just a small increase in the interest rate A veteran can get all of their needed cash as a gift A veteran can even borrow the money that they need for closing, as long as they qualify carrying that loan payment. A veteran does not need a first-time buyer program…so a VA loan can be approved and closed in 30 days A veteran does not pay any monthly mortgage insurance Veteran buyers are the most sought after buyers out there because a VA mortgage is the easiest type of mortgage to process…And, no down payment is … [Read more...]