Sentences with phrase «eligible military borrower»

Even with a down payment of 20 percent or more, using the VA loan as an eligible military borrower can save you money.

The VA loan, for example, allows 100 percent financing, but you must be an eligible military borrower to use it.

VA loans offer benefits unmatched by conventional and FHA financing, plus the program provides extra low mortgage rates to eligible military borrowers.

Eligible military borrowers can use the EEM loan for projects of all sizes, and the mortgage rates available are the same low rates available with all VA mortgage loans.

Not exact matches

For borrowers who will make a career out of military service, Income - driven repayment plans provide another major benefit — you may be eligible for loan forgiveness after 10 years of reduced monthly payments.

VA loans offer 100 % financing for eligible borrowers — military members and veterans.

The VA loan is an excellent way for U.S. military veterans and other eligible borrowers to finance a home.

The list of eligible VA borrowers includes active - duty servicepersons, members of the National Guard, Reservists, surviving spouses of veterans, cadets at the U.S. Military, Air Force or Coast Guard Academy, midshipmen at the U.S. Naval Academy and officers at the National Oceanic & Atmospheric Administration.

Under this low - interest loan program, military borrowers are eligible to have all or part of their loans canceled.

The second key rule is that military borrowers must be eligible to use their VA benefits for the purposes of a purchase or refinance.

Usually, eligible borrowers are on active duty with the regular military, Guard or Reserves, or have been honorably discharged from a branch of the military.

ƚƚTo be eligible to participate in the Honors Advantage program, you must qualify through either: 1) Military service of either the primary or joint borrower or 2) Ownership of any existing open or newly established PenFed Credit Union checking account product, excluding PenCheck Limited accounts.

The U.S. Department of Veterans Affairs supports active military, veterans, and eligible surviving spouses by providing loan options with flexible terms and benefits, including zero downpayment for sales price not exceeding the appraised value, no private mortgage insurance (PMI) premium and pre-payment penalties, and eligibility for borrowers with history of bankruptcy or foreclosure.

The list of eligible VA borrowers includes active - duty servicepersons, members of the National Guard, Reservists, surviving spouses of veterans, cadets at the U.S. Military, Air Force or Coast Guard Academy, midshipmen at the U.S. Naval Academy and officers at the National Oceanic & Atmospheric Administration.

VA loans offer 100 % financing for eligible borrowers — military members and veterans.

Eligible borrowers are any current, retired, or volunteer Police Officer, Firefighter, Paramedic / EMT, Nurse, Teacher, veteran, or Military personnel.