I’m about to buy a home in the $550k area
I have $100k to put down
Household makes $180k
I’m exempt from the funding fee
Is there any reason to NOT use a VA loan?
When is a VA loan not the right choice?
byu/dude_regular inMilitaryFinance
Posted by dude_regular
1 Comment
If you’re exempt from the funding fee then use the VA down with the down payment. The reason is if things go south down the road. Having the VA behind you provides significant protections against foreclosure vs traditional home loans.