Published May 27, 2025

Many veterans are not aware of the important benefits that come with VA home loans

Written by Brad Bergamini

For 80 years, Veterans Affairs (VA) home loans have helped countless veterans buy homes. However, even though many veterans have access to this valuable program, most are unaware of one of its key benefits. According to a report from Veterans United, only 3 in 10 veterans know they may be able to purchase a home with no down payment using a VA loan (see visual below):

This indicates that 7 out of 10 Veterans might overlook a crucial advantage in homebuying. Therefore, Veterans and their supporters need to understand this program. As Veterans United outlines, VA home loans:

“. . . come with a list of big-time benefits, including $0 down payment, no mortgage insurance, flexible and forgiving credit guidelines, and the industry's lowest average fixed interest rates.”

The Benefits of VA Home Loans

These loans are designed to make buying a home more achievable for those who have served. By extension, they also allow their families to plant roots and build equity in their own homes. Here are some of the most significant advantages of this type of loan, according to the Department of Veterans Affairs:

• Options for No Down Payment: Veterans can buy a home without a down payment.
• Limited Closing Costs: VA loans limit the closing costs Veterans need to cover, helping you save money at purchase.
• No Private Mortgage Insurance (PMI): Unlike other loans, VA loans don’t require PMI, even with lower down payments, resulting in reduced monthly payments and savings over time.

To gain deeper insights, your most valuable resources regarding VA loan options and benefits are the expert real estate professionals, including a local agent and a reliable lender.

Bottom Line

VA home loans provide transformative support, and a reliable lender and agent can ensure you comprehend the specifics and are prepared to advance with a strong plan.

Are you aware of your eligibility for a VA home loan? Consult us to find out if you qualify