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    75 Years of VA Home Loan Benefits

    Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.

    This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home loans.

    VA Home Loans Data

    Facts About VA Home Loans:

    • Nearly 24 million home loans have been guaranteed by the Veterans Administration.
    • Nearly 82% of VA home loans are made with no down payment.
    • The VA also provides grants to help seriously disabled Veterans purchase, modify, or construct a home to meet their needs. Last year the VA provided 2,000 grants totaling $104 million.

    Benefits of a VA Home Loan:

    1. No down payment
    2. No Private Mortgage Insurance*
    3. Lower credit score requirements
    4. Limitation on closing costs
    5. Lower average interest rates

    *More information on VA Home Loan Fees

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    John Jones

    During his 25 years in real estate, John has helped more than 5,000 families handle their real estate needs. Nobody has sold more homes in Rutherford County than John and there is not even a close second. Before opening his own brokerage he was a perennial top producer for Coldwell Banker from 1998 to 2008, consistently ranking among the top 1% of agents in the nation. In October of 2008, John realized his vision of a small boutique real estate firm that offers the best in customer service, market knowledge, wealth building opportunities, and innovative techniques that get homes sold. John also offers several revolutionary programs to his clients such as the Guaranteed Sale Program, No Show Offer, and the Fixer-Upper program.

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