What Is a 1031 Exchange — and Why Real Estate Investors Use Them on PurposeIf you own rental or investment property, you’ve probably heard the term “1031 exchange” tossed
VETERANS DAY: HOW A VA LOAN HAS SPECIAL BENEFITS
Dated: November 10 2023
Views: 37
VETERANS DAY: HOW A VA LOAN HAS SPECIAL BENEFITS
For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the military, it's essential to learn about this program and its advantages.
Here are some important things to know about VA loans before you buy a home.
The Many Advantages of VA Home Loans
VA home loans provide a pathway to homeownership for those who have served our nation, and they’re a great benefit for buyers who qualify. According to the Department of Veteran Affairs:
- Options for No Down Payment: Qualified borrowers can often purchase a home with no down payment. That’s a huge weight lifted when you’re trying to save for a home.
- Limited Closing Costs: There are limits on the types of closing costs you pay when you qualify for a VA home loan. So, more money stays in your pocket when it’s time to seal the deal.
- Don’t Require Private Mortgage Insurance (PMI): Many other loans with down payments under 20% require PMI. VA loans do not, which means veterans can save on their monthly housing costs.
A recent article from Veterans United sums up just how impactful this loan option can be:
“For the vast majority of military borrowers, VA loans represent the most powerful lending program on the market. These flexible, $0-down payment mortgages have helped more than 24 million service members become homeowners since 1944.”
Bottom Line
Owning a home is the American Dream. Veterans sacrifice a lot to protect our country, and one way we can show our appreciation is by making sure they know all the benefits of VA home loans. Thank you for your service.
Tammy Woodbury
Tammy has been in the Upstate of South Carolina for over 30 years and has practiced real estate for 2 decades. Her business partner, Scott, is also her husband. They founded their Real Estate team, Th....
Latest Blog Posts
🧠The 1031 Exchange Mistake TO AVOID SO YOU DON'T LOSE THOUSANDS OF DOLLARSWe work with tons of 1031 Exchange clients, and they know our big rule is...ENGAGE EARLY with your QI. If you don't know
If you’re one of the thousands of homebuyers who have been "waiting for the interest rates to drop," you should know it’s already happening so it's your time to shine! And rates recently
The Benefits of Downsizing When You RetireIf you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is&
© 2026 The data relating to real estate for sale on this web site comes in part from the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Lisitngs Services of South Carolina, Inc. This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information.
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of September 25, 2026 2:49 PM UTC
