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If you are an active member of the military or a military veteran, you are eligible for a VA home loan. If you want to buy a house but think you have limited options, we’re here to fill you in on VA home loans in South Carolina. Take a look at our guide to the basics.
The the U.S. Department of Veterans Affairs guarantees VA loans. Though private lenders and mortgage companies offer VA loans, the guarantee means that people who serve in or served in the military can get them for lower rates and with little or no down payment. They are also available to eligible surviving spouses.
This loan program for military members has many benefits. They include: