VA Loans
Currently, over 29 million military veterans and service personnel are eligible for Veteran's Administration (VA) home financing. VA loans offer homebuyers several major advantages: for example, many require no down payment for homes valued at up to $417,000. In addition, VA loans usually feature lower interest rates than other home loans. Other features include:
- No monthly mortgage insurance premiums to pay
- Closing costs are limited, saving you even more
- No prepayment penalties
If you have questions about VA loans, just ask your First Horizon relationship manager.
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Timestamp: 11/20/2008 at 14:27:33
Server: www.firsthorizon.com
