Posted on Nov 1, 2016
SGT Eric Flores
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Posted in these groups: Valoancaptain VA Loan1 HomeB9316429050z.1_20150301153016_000_g67a2u12p.1-0 Loans
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Responses: 19
1SG John Millan
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Yes I used my loan. It was awesome
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SPC Erich Guenther
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You can probably get a better deal via a conventional loan in most cases for a new home. If you get a loan via a builder like I did in 1999 they give me a $5,000 break on the lot purchase and a $5,000 allowance for add-ons, plus their interest rate was competitive than the VA. They threw in some other extras as well. Can't tell you the pros and cons with a used home. I have only bought new homes. Also from a financial point of view you should never buy a home your going to live in with zero down payment with 100% of the loan = purchase price, it's a great way to end up underwater, mortgage worth more than the home.
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SGT Eric Flores
SGT Eric Flores
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I agree
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SFC George Smith
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when properly applied and Used...
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