There are a lot of plusses and minuses when it comes to VA home loans in Birmingham, Michigan – or any other type of home loan, for that matter. How do you wade through all the complexities and confusion involved with all the loan programs that are out there? You talk to Gem Home Loans. We’re staffed with experts who will carefully listen to what you want to pursue, and we’ll explain all of your options. Once you’ve worked with us, you’ll be completely confident that you’re making the right decision for you, your family, and your financial future.
If you’ve been in any branch of the U.S. military, or you’re the spouse of a deceased veteran, then a VA home loan may be a very good alternative to a conventional loan. It’s usually a lot easier to afford than many other kinds of loans, and there are other benefits as well. These are some of those benefits.
Even though there are a lot of advantages to getting a VA loan, that doesn’t mean it’s for everyone. Gem Home Loans can let you know if this or another option will be best for you.
First established in the 1940s, the VA home loan program has helped millions of people get into homes they could have otherwise only dreamed about. You can use a VA home loan even if you’ve already received one before, and the benefits never expire. Even if you served 50 years ago, you can still qualify.
But it’s not that easy to be eligible for a VA loan. There are several different factors that go into determining your eligibility. As stated earlier, you’ll probably qualify if you were married to a deceased veteran or you served yourself. In most cases, you must have served for three consecutive months during times of war, or six consecutive months during times of peace. We’ll let you know whether or not you’re eligible.
If you are, then we’ll be happy to help you apply. If you’d rather look at another loan option, we can help you with that as well.
Get in touch with a Gem Home Loans team member for more information on VA home loans in Birmingham, Michigan or any other type of loan program we offer. You can contact us through our easy-to-use online form, or feel free to give us a call at (248) 780-1030.