VA Loan Benefits
What is Basic Allowance for Housing (BHA)?
It’s a huge benefit for many active military members. Through BAH, uniformed service members can receive housing compensation based on their location, dependency status, and pay grade if government housing is not provided to them. As a result, active military members can use BAH to pay their monthly mortgage.
What is Pre-Payment Penalty?
With most loans you will actually be penalized if you pay off your home before a scheduled date. If you have a VA Loan you do not have to worry about this. There will be no penalty for paying of your home early, refinancing, or going ahead and purchasing another home.
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Are you a veteran who is considering purchasing a home in the Temecula or Murrieta area? Make sure that you make the right decisions in order to ensure that you end up with the best mortgage possible. A VA Loan is likely to be the perfect choice for you. Read on: Did...
Are you a veteran who is considering selling your house in the Temecula or Murrieta area? Make sure that you make the right decisions in order to ensure that you end up selling for top dollar. Read on to see how: Did You Know 1 – Not all real estate agents are created...