Today I wanted to talk with you about the VA Loan Home in 5 Program. Veterans and Active Duty Military are purchasing homes at the rapid rate. That said, I am seeing more and more military families taking advantage of this booming housing market here in Maricopa County AZ which is fantastic.

With a booming market however, getting our offers accepted is getting tougher and tougher, with multiple offers coming in on homes and in many cases leaving Veterans seeking seeking home frustrated and unable to win the bid.

As many Veterans may have heard in the past one of the things that makes our VA Home Loan so competitive is the fact that it does not require a down payment. However, one of the things that I have observed in the past is at times some of buyers may view closing costs, and pre-paid items costs as a barrier to home ownership. So naturally they ask the seller to pay for them. Keep in mind that by asking the seller to pay theses costs in a competitive marketplace, like Maricopa County, can make our VA Loan offer appear less attractive to the seller promoting them to accept an offer other than ours.

So what’s the solution you ask? I believe it’s the VA Loan Home in 5 Program which allows a Veteran to get as much as a 4.5% grant towards down payment, closing costs, and pre-paid items. Why is this important? It’s important because it literally can allow a Veteran to take advantage of a VA Loan with no down payment, and no out of pocket expenses! Yes, I said it… No down payment and no out of pocket expenses!

So if you are in the market to purchase a home you owe to yourself to check out this program to see if it’s the right fit for you. Keep in mind that we as Veterans must qualify for this loan. There are credit score requirements as well as income requirements so it’s important to ensure you are qualified before we start looking at homes.

To get prequalified for the VA Loan Home in 5 Program today roger-up with me direct at 602-908-5849 or email me at [email protected]

Semper Fidelis,

Jimmy Vercellino