VA Homebuying
The benefits of a VA loan
No down payment
One of the biggest advantages of a VA loan is that eligible borrowers can buy a home with zero down payment.
lower interest rates
VA loans often have more competitive interest rates compared to conventional loans.
No PMI requirement
Unlike most conventional loans, VA loans do not require Private Mortgage Insurance (PMI), reducing your monthly payments and upfront costs.
Other Benefits
- Flexible Credit Requirements: More lenient with credit scores
- Limited Closing Costs: Limits on what lenders can charge in closing costs
- Easy Refinancing Options: Simple refinancing options like the Interest Rate Reduction Refinance Loan (IRRRL)
- Assumable Loan: Can be assumed by a new buyer if they qualify
- Lifetime Benefit: Can be used multiple times throughout your life, as long as you continue to meet the eligibility requirements
- No Prepayment Penalty: Can pay off your loan early without any penalties
- Support and Counseling: Support and homeownership counseling offered by VA
Contact us to get started
Earl Rhee
671.727.7811
earl@rhee.llc
Kay Lorenn Domingo
671.998.5888
kaylorenn@basetohome.com
Rhee Properties
845 N. Marine Corps Dr. #202
Tamuning, GU 96913
671.727.7811
earl@rhee.llc