Virtually all active military and veterans are eligible for a 100% VA financing. However, I have listed below additional details on who is and who is not eligible for 100% VA financing.
Veterans are eligible if served for 90 days during war time or 180 continuous days during peace time
Current active duty personnel are eligible if served 90 days during war time or 180 continuous days in peace time
Selected reserves and National Guard are eligible if completed 6 years as a member of an active unit
The un-remarried spouse of a military member who died while in service is eligible
Any service member (including reserves) discharged for service connected to disability regardless of time served is eligible
Some highlights of VA financing:
100% financing!
Low 30 year fixed interest rates
No monthly mortgage insurance
You don't need perfect credit
Flexible income qualification
There are others ways to be eligible for VA financing that are not listed above. Please contact me if you have questions so I can order your certificate of eligibility today!