Why Is the VA Eliminating Down Payments?
There’s an exciting change coming to the VA loan world that I wanted you to know about. In the past, VA loans have not been as advantageous to luxury homebuyers as they have been to others. If a home was above the conforming loan limit of $484,350, the veteran getting that loan was responsible for 25% of the difference in cost. Starting January 1, that responsibility is gone. To learn more, watch this short video.
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