3
3
0
Finance
Department of Veterans Affairs (VA)
Banking
VA Loan
Posted 8 y ago
Responses: 5
3
3
0
This is great info to share, Sir. Please let me be the first to say it: VA is not giving you money. They are backing your ability to pay the bank back in order to help you secure more favorable terms.
(3)
(0)
SGT David Brimmer, MS
CH (MAJ) Luke Phillips - Sir, I get asked that question dozens of times a year. I think it's because people colloquially refer to it as the "VA Home Loan." Nonetheless, it's a darn good benefit of our service.
(1)
(0)
1
1
0
CH (MAJ) Luke Phillips ,
Thank you for this awesome share! We are approaching that decision soon.
Thank you for this awesome share! We are approaching that decision soon.
(1)
(0)
SSG Derrick L. Lewis MBA, C-HRM
CH (MAJ) Luke Phillips ,
I will most certainly be reaching out, thanks in advance.
I will most certainly be reaching out, thanks in advance.
(1)
(0)
0
0
0
It's actually not guaranteed. I've been trying myself. Yes, I'm working hard to improve my credit. So the VA doesn't tell all that has a honorable discharge about this.
I got out of the Navy thinking it was a 100% guarantee. So at least the VA explained it all to me.
I got out of the Navy thinking it was a 100% guarantee. So at least the VA explained it all to me.
(0)
(0)
Read This Next
Continue with Facebook 
Continue with Google