Is this possible? I'm 100% disabled and don't wanna use conventional because the state I'm in have no taxes for disabled veteran. I'm just trying to lower the monthly payment to be comfortable with the monthly pay.
Putting 10% Down for VA Loan?
byu/ARandomRedditer2 inMilitaryFinance
Posted by ARandomRedditer2
2 Comments
Of course it’s possible.
Sure. You can make any down payment you want. I’d suggest finding a middle ground; don’t sink all of your cash into a down payment, because you can’t get it back unless you refinance or sell. Having cash on hand, or invested earning 5+ percent, you can supplement your payments and still have an emergency fund.