What is a VA loan?
A VA loan allows active-duty military, veterans, and their spouses to take advantage of more favorable terms compared with other mortgage products. The US Department of Veterans Affairs backs this mortgage product which helps companies like Movement Mortgage to offer a VA loan with zero down and no mortgage insurance to those who qualify. For more information on VA home loans in Colorado Springs, watch the below guide from our friends at Movement.
VA Home Loan Eligibility
To be eligible for a VA loan, military service is essential. For borrowers to qualify they must have served at least 90 days during wartime and been honorably discharged from active duty. If you are unsure of your eligibility or need help finding out if…