Posted
by Lauren Schneider
on Thursday, September 2nd, 2021 at 8:19am.
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 the criteria match up with what you’re looking for, contact a VA loan originator at Movement Mortgage of Colorado Springs. They will pull your Certificate of Eligibility in minutes.
Using a VA Home Loan in Fort Carson
Fort Carson, Colorado is one of the youngest Army installations in the United States and was built during World War Two. It's also home to many important military bases including NORAD and Peterson Air Force Base as well as the U.S. Air Force Academy located in nearby Colorado Springs making it an essential part of American defense operations today! Often, service members want to live near the base they work at. Therefore, it is important to obtain a VA loan in Fort Carson. Furthermore, it is vital to find a military-friendly mortgage company to begin this process. Thankfully, Colorado Springs is full of lenders, like Movement Mortgage, that work with active duty, veterans, and military spouses to finance the home of their dreams.
Ultimately, using a VA loan can be a complicated process. Do your research and find a lender that works for you!
