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VA busts four home loan myths that hurt Veteran homebuyers
1 in 3 Veterans say they don't know about this benefit
The VA Home Loan is the most powerful home buying tool on the market. It—and the GI Bill—literally reshaped post-War America, and it’s a big reason why the historic VA Loan Guaranty Program has surged since the housing crash.
Despite generations of historic success, though, several myths and misconceptions deter millions of Veterans and Servicemembers from partaking in this benefit. Part of the reason is the ongoing awareness battle–about 1 in 3 home buying Veterans didn’t know they had a home loan benefit, according to VA survey data. So let’s set the record straight regarding four common VA Loan myths.
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