After a career of service and endless sacrifices for our country, veterans often find themselves longing for their own home base — but traditional loan options can be challenging for many military service members and their families. Fortunately, the Department of Veterans Affairs offers several veterans home loan programs to qualified service members.
Home Loan Opportunities for Twin Cities Veterans
There are two types of VA home loans to consider:
- VA Direct Home Loan — If you opt for this home loan type, the U.S. government will serve as your mortgage lender. You will work directly with the Department of Veterans Affairs to apply for your loan. If you are pursuing a Native American Direct Loan, this is the preferred option.
- VA-backed Home Loan — If you are pursuing this type of home loan, you will work with a private lender in order to apply for a VA-backed loan. As these loans are backed by the Department of Veterans Affair, they are a less risky opportunity for the private lender. You can often secure lower interest rates with a VA-backed home loan.
Do You Qualify for a Veterans Home Loan?
A veteran’s home loan is available to both current active-duty service members as well as veterans who have retired. You also may be eligible for a VA home loan if you are a surviving spouse of a service member who died in the line of duty or as the result of a service-related injury.
How to Determine the Best Veterans Home Loan for You
Navigating the world of real estate can be overwhelming for military service members and their families, which is why it’s important that you partner with a veteran-friendly Twin Cities Realtor. Shannon Lindstrom with RE/MAX Results is an experienced Realtor who specializes in residential military veteran home sales. She will be able to provide you with the empathetic, personalized service that you deserve. Shannon Lindstrom is proud to be the leading experts when it comes to veterans’ real estate services in the Twin Cities.
Per request, Shannon can provide you with a mortgage resource list of mortgage lenders that specialize in VA home loans.
Contact Shannon Lindstrom today to find out how buying a home in Twin Cities & MN can be a seamless process for any active duty or retired military member. Thank you for your service!
Shannon Lindstrom, Realtor®, AHWD, CRS, GREEN, MILRES, MRP, VCA
RE/MAX Results
Direct: 612-616-9714
Lindstrom_S@msn.com
Shannon@ShannonLindstromRealtor.com
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
www.MinnesotaMilitaryVeteranRealEstateAgent.com
