Sunday, December 14, 2008

VA GUARANTEED LOAN PROGRAM - A GREAT BENEFIT TO OUR SERVICE MEN AND WOMEN

Is the area ready for the normal transition of military personnel to the area? Approximately 25-30% of the number of personnel assigned to a military installation are transferred out, which means the same number are transferred in. With this in mind, the number of military homes being demolished on the Eglin AFB now, and the assignment of new positions to Eglin AFB and the surrounding military installations in the upcoming months, it could get interesting. Now, take the finacial world of the active, retired, and former military, and the benefits of buying to them, it makes it even more interesting. Just take a look at the VA Guaranteed Loan Program, available them. A VA mortgage loan can be guaranteed with no money down, in some cases up to $417,000. There is also no private mortgage insurance requirement with a VA guaranteed loan, which could offer you substantial savings on your monthly payment. You can even use your VA Loan benefit to refinance an existing loan – even if it is not a VA Loan. Sounds interesting. 2009, I expect will be a tremendous year in our market, provided we have quality homes available to this large group of customers. Any questions, give me a call or view some of my past Blog Entries. GREAT INFORMATION!!!!!!

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