If you are on active duty or retired military, the Veterans Administration offers a number of mortgage options that could be right for you.
- Possible for a veteran to obtain 100% loans
- No down payment
- More liberal than conventional lenders
- The loan limit is up to $1.4 million
- Jumbo Loans are from $726,201 to $2 million
- 620 credit score required
- Can be used by the national guard, reservists, current or previous active duty, and surviving spouses of these individuals