One benefit of a VA Home Loan is that you don’t have to make a down payment — a feature that helps make homeownership possible for many active-duty servicemembers, Veterans, surviving spouses and other VA-eligible buyers. But that doesn’t mean you should (or have to) put zero money down. In fact, there are some financial benefits to making a down payment, including the opportunity to pay a lower VA funding fee and more affordable monthly mortgage payments.
Still, does it make sense for you to put money down?
Read the full story in the AAFMAA Learning Hub to find out.
More Insights from AMS for Your MilFam:
Solutions for Your Military Family:
Life Insurance, Wealth Management, Home Mortgages, Survivor Services, and more. Learn more about AAFMAA.
