Deputy Secretary Lawrence said the home loan “benefit gives Veterans an opportunity to begin building equity and investing in their future much earlier.”
The U.S. Department of Veterans Affairs (VA) has partnered with the National Association of REALTORS® (NAR) to promote veteran homeownership via the VA’s home loan benefit. VA home loans are available to eligible service members, veterans, and their spouses.
“The benefit has helped Veterans build financial stability through homeownership since its creation as part of the Servicemen’s Readjustment Act of 1944, more commonly known as the G.I. Bill,“ the VA highlighted. “The VA Home Loan Guaranty program was created to help returning service members establish themselves after military service.“
“For many people, saving for a down payment can take years. This benefit gives Veterans an opportunity to begin building equity and investing in their future much earlier,” Deputy Secretary of Veterans Affairs Paul Lawrence said. “We want Veterans to know the facts and understand the opportunities available to them.”
As the Lord Leads, Pray with Us…
- For Deputy Secretary Lawrence as he advocates for and promotes the VA home loan benefit program.
- For Secretary Collins to receive God’s direction as he heads the Department of Veterans Affairs.
- For service members, veterans, and their spouses and families who have experienced frequent relocations and uncertainty about where they will live.
Sources: Department of Veterans Affairs
