How the VA Loan Helps Veterans Compete in a Tough Housing Market

Buyers are competing hard for a limited number of homes right now, and cash tends to win. A veteran with high income and good credit can still lose a bidding war to someone who simply has more money sitting in the bank for a down payment. A VA loan from the U.S. Department of Veterans Affairs closes that gap. It comes with zero down payment, no private mortgage insurance (PMI) and often a lower…