One standout benefit of serving in the military, National Guard, or Reserves is your qualification to apply for a VA mortgage. Administered through a broad range of lending institutions, VA loans are guaranteed by the federal government. That’s why they usually feature lower interest rates and more flexible qualification standards. Many service members buy their homes through the VA with no money down. Overall, lenders consider VA loans less risky than conventional private mortgages. To be eligible for a VA loan, you need to be an active or former member…
Read MoreHomebuying Tips: Getting Approved for VA Loan
