First, let me state that, on this Veterans Day, the 100th anniversary of the end of WWI, we at BuyOwner.com, are grateful for those who gave the ultimate sacrifice for our freedom and appreciate and thank our active military and veterans for your service. There are home ownership and rental benefits for both active military, veterans and the families of those who were lost in battle. When you’re ready to get started with your BuyOwner.com advertising, we will gratefully provide you with a Military discount! To help you on your journey to home ownership or leasing options, below you’ll find valuable information that will make your home search more manageable, less stressful and lead you to your new home!
One of the first places to check for eligibility, benefits and assistance is the US Department of Veterans Affairs. Some of their offerings include $0 down payment mortgages, housing grants for disabled veterans (with service related disabilities) and even have help if you’re choosing to rent instead of own. So let’s get started so you can move into your well earned lifestyle!
VA MORTGAGE GUARANTY PROGRAM
Veterans and service members can use this mortgage program if they are wanting to buy a home with no down payment. VA mortgages generally do cost less and provide for more flexible qualification requirements than traditional conventional mortgages.
BENEFIT FOR SERVICE RELATED DISABLED VETS – ADAPTIVE HOUSING GRANTS
If you are a veteran suffering with service related disabilities, you are eligible to receive assistance with the costs of altering your existing home or with building a new home. Visit the VA website to review details regarding 3 possible programs designed to help you live as independently as possible. They are: Special Housing Adaptation, Specially Adapted Housing and Temporary Residence Adaptation.
Already own a home but suffering from some financial challenges; before you give up and walk away (which will incur more challenges in the future) contact your local VA office or the VA website to speak with counselors specifically focused on helping you avoid foreclosure. You can take advantage of this help even if your mortgage is not a VA loan.
ASSISTANCE AVAILABLE THROUGH YOUR HOME STATE
Active duty personnel and veterans can access state assistance with housing related benefits such as the Military Housing Assistance Fund. This provides help with closing costs related to your new mortgage. If you’re disabled, you may qualify for partial or full exemption from property taxes (may not be available in all states).
EMERGENCY AID FOR HOMELESS VETERANS
Several local agencies work in tandem with the VA to provide housing vouchers and subsidized rents for vets who are already or in danger of becoming homeless. If you need this help now or fear you may need it in the future, contact your local VA Medical Center via: 877-424-3838. You can also access information and assistance by going to va.gov/homeless.
Again, we at BuyOwner.com, appreciate your service and hope to assist you to the best of our ability with your home ownership/leasing goals!