We understand how frustrating it can be to search for a home in Austin. Half the battle is learning the key terms and what they mean in regards to Texas real estate. So each week we bring you Key Term Tuesday – our way of helping you decode the industry jargon that keeps you from owning your home search.
What is a VA Mortgage?
One of the benefits for services that the The Federal Government offers military veterans are home loans through the Veterans Administration (VA).
A VA mortgage loan have no money down and lower than market rate interest rates. Loan limits vary by county and other restrictions apply so even if you are a Vet, a VA loan may not be your best option. We recommend speaking to a lender who is knowledgeable on the ins and outs of the VA loan program to determine what program is best for you.
Looking for a Real Estate Expert?
Our team has a combined 60+ years of experience helping home buyers understand the residential real estate market. Check out our approach to Buying a Home in Austin to learn more about our team and how we work. Then, call us at (512) 827-8323 or email us at info@11OaksRealty.com to schedule a no obligation consultation.