However, VA loans are available to
military borrowers only.
Not exact matches
But those loans are
only offered to certain types of
borrowers (
military members and low - income rural families, respectively).
But it's important to remember that even though there's no guarantee when it comes to VA loans, these government - backed mortgages are often the
only way veterans and
military borrowers can make homeownership a reality.
Considering these numbers, it's interesting that
only 12 % of
military borrowers using the VA loan program make a down payment.
Currently, the
only loan programs that offer 100 % financing are VA loans for
military service members and their families, and USDA loans for low - income rural
borrowers.