VA Loans in the Monterey Bay Area: You Fought for Our Home -- Now We'll Fight for Yours!
- Megan Kilmer
- Mar 6
- 2 min read
What Makes VA Loans Unique?
Unlike conventional mortgages, VA loans provide significant advantages tailored to those who have served our country. These benefits include:
No Down Payment Required – One of the biggest hurdles in home buying is saving for a down payment. With VA loans, eligible borrowers can purchase a home without needing one.
No Private Mortgage Insurance (PMI) – Conventional loans often require PMI if the borrower puts down less than 20%. VA loans eliminate this additional cost, saving veterans money every month.
Competitive Interest Rates – VA loans typically offer lower interest rates compared to conventional loans, making homeownership more affordable over time.
Easier Credit Requirements – The VA loan program allows for more flexible credit qualifications, making it easier for veterans and their families to qualify.
Assistance with Closing Costs – The VA limits the amount of closing costs lenders can charge, and some fees can even be covered by the seller.
Who is Eligible for a VA Loan?
To qualify for a VA loan, borrowers must meet the eligibility criteria set by the Department of Veterans Affairs. Eligible applicants include:
Active-duty service members currently serving in one of the five military branches or participating in the Reserves or National Guard.
Veterans who have been honorably discharged from the military, Reserves, or National Guard.
Surviving spouses of veterans who died in active duty or from service-related injuries and who receive Dependents Indemnity Compensation (DIC) from the VA.
Why Choose a VA Loan?
VA loans provide an incredible opportunity for service members and their families to achieve homeownership with financial flexibility. With no down payment, lower interest rates, and fewer upfront costs, these loans empower veterans to invest in their futures without unnecessary financial strain.
Let’s Make Your Homeownership Dream a Reality
If you’re a veteran, active-duty service member, or a qualifying spouse, now is the perfect time to explore your home loan options.
Reach out today to learn how a VA loan can work for you.
Megan Kilmer
Realtor + Loan Officer
Revest Homes, Inc.
📞 831-888-7530
We Revest in YOU and your Family
Helping the Families in the Monterey Bay Area Since 2018.
Rocket Mortgage is a VA-approved lender but is not endorsed or sponsored by the Department of Veterans Affairs or any government agency.
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