Kingsland Saint Marys & Kings Bay Real Estate - VA Mortgage Information For Home Buyers
A VA guaranteed mortgage is the usually the best way for active or inactive veterans to purchase a home. The VA mortgage allows the buyer to purchase a home with absolutley no out of pocket expenses!
When negotiating to purchase a home, explain to your sales agent that you wish for the seller to pay your closing costs as part of the deal. Costs that you wish the seller to pay are costs such as lender fees, attorney fees, state and local taxes, etc. Be sure to get a Good Faith Estimate from your lender, so you will know the exact amount of the costs associated with your VA loan.
VA interest rates will vary from lender to lender, so shop around to see who is offering the best deals. Be careful though, as some lenders will offer you a low rate, but charge discount points to increase their profitability.