Get a Veteran Loan in Louisiana Today
The option of getting a VA Mortgage is just one of the numerous benefits afforded to veterans. These subsidized mortgages are available to Veterans in all 50 states and they boast several beneficial advantages over the conventional mortgage setup.
Benefits of Getting a VA Mortgage in Louisiana
There are several advantages of acquiring a VA Mortgage in Louisiana:
- No mortgage insurance is required
- Down payments are typically not required
- Credit requirements are less strict
- No prepayment Period
- Low interest rates
- Flexible payment plans
- Forbearance in the event of financial crisis
For Veteran and active duty residents of New Orleans, Baton Rouge, and Shreveport VA Loans are the preferred path to home ownership. Most applicants are pre-approved quickly and can begin looking for a home with their family the day they are pre-approved.
The eligibility requirements are simple:
- Applicant must be a veteran or current active duty troop who has served at least 90 days of war duty or 180 days during peacetime.
- Applicant can be a former member of the military who met the aforementioned requirements during their term, prior to being honorably discharged.
- Applicant may be a widow or widower, whose spouse died during service, of a service-related cause, who has not remarried.
With Barksdale AFB, Fort Polk, JRB New Orleans, and NSA New Orleans the state of Louisiana is home to many Military families. Getting a New Orleans or Baton Rouge VA Mortgage can dramatically change the lives of those families, by providing them with a chance to have quality, affordable housing of their very own.
Contact a Louisiana VA Specialist today to get qualified for your very own home purchase. Fill out the simple form to the right and a VA Specialist will contact you.
VALoanCenter.net is not a government agency website or affiliated with the Department of Veterans Affairs. VALoanCenter.net has relationships with VA Loan Specialists who work for VA approved lenders. VALoanCenter.net may share your information with these trusted affiliates in order to assist you.