Understanding VA Home Loans

VA Loan Benefits
🔹$0 Down Payment
Qualified veterans and active-duty service members can purchase with no down payment, making homeownership accessible without years of saving.
🔹No Private Mortgage Insurance (PMI)
Unlike conventional loans with less than 20% down, VA loans don't require PMI, saving hundreds per month.
🔹Competitive Interest Rates
VA loans typically offer lower interest rates than conventional financing, reducing monthly payments and total interest paid over the loan term.
🔹Flexible Credit Requirements
VA loans are more forgiving of credit issues than conventional loans, helping veterans qualify even with less-than-perfect credit.
🔹No Prepayment Penalty
Pay off your loan early without penalty—beneficial for service members who may PCS and sell within a few years.
🔹Limited Closing Costs
VA guidelines restrict what closing costs veterans can be charged, and sellers can pay up to 4% of the purchase price toward buyer's closing costs.

VA Loan Eligibility
Who Qualifies:
✅ Active-duty service members (after 90+ days of service during wartime, 181+ days during peacetime)
✅ Veterans who served minimum active duty requirements
✅ National Guard and Reserve members (after 6+ years of service)
✅ Surviving spouses of service members who died in service or from service-connected disabilities
Certificate of Eligibility (COE)
Your lender will help you obtain your COE, which proves your eligibility and shows your available entitlement. You can also get your COE through the VA's eBenefits portal.
VA Entitlement
Your entitlement is the amount the VA will guarantee on your loan. In most of Texas, there's no loan limit for veterans with full entitlement, meaning you can buy homes above the conforming loan limit with $0 down.
We'll connect you with VA-approved lenders experienced with military relocations and San Antonio market conditions.

VA Loan Assumptions: A Powerful Option
What Is a VA Loan Assumption?
When a seller has a VA loan, a qualified buyer can assume (take over) that existing loan—including the seller's interest rate. In today's market where rates have risen significantly, assuming a low-rate VA loan from 2020-2021 can save buyers hundreds per month compared to getting a new loan at current rates.
Why This Matters:
If a seller has a 3% VA loan and current rates are 7%, assuming that 3% loan saves substantial money over the life of the loan.
Tami personally closed 8 VA loan assumptions in 2025 and understands:
❇️How to identify assumable VA loans
❇️Qualification requirements for assumption
❇️Assumption processing timelines
❇️Negotiating with sellers on assumption terms
❇️Working with VA lenders on assumption paperwork
❇️Structuring deals that benefit both parties
This specialized knowledge is rare among real estate agents and can save you thousands.


