Real Estate Tips for Active Military and Veterans
If you are a Purple Heart recipient or you know someone who is, please consider this info. Starting January 1, 2020, as part of the Blue Water Navy Vietnam Veterans Act, Purple Heart recipients will be exempt from paying the funding fee the Department of Veteran Affairs charges on its guaranteed home loans. That could be a savings of thousands of dollars! Learn more here . Do your 2020 plans include purchasing a new home? H.R. 299, signed into law in June 2019, affects VA home loans guaranteed on or after January 1, 2020. The biggest changes in the law are twofold: the loan limits will be raised for VA home loans, and rates will temporarily increase for certain loans by 0.15-.0.30%. For more information about how this might impact you, ask me! I am an MRP certified REALTOR®. If you are considering a VA Home Loan, there are some specific benefits you may not be aware of. There are six unbeatable benefits of using a VA ...
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