VA home loans - What the majority of Veterans Don’t Know
                     VA home loans: What 
the majority of Veterans 
Don’t Know

Mortgage insurance is not 
available to them
When you don't put down at least 20% on a home, you'll 
have to pay mortgage insurance, which is a monthly fee 
you'll have to pay with other programs. The VA guarantee 
eliminates the need for mortgage insurance or premiums, 
allowing borrowers to save even more money each 
month.
The amount of money you can 
borrow is limitless
Qualified veterans can borrow as much as a lender is 
willing to lend them without having to make a down 
payment with the VA loan benefit. That is, without a 
doubt, a significant advantage. Conventional loans 
typically require a down payment of at least 5%, but 
larger loans can easily reach 15% to 20%. A $400,000 
house requires a 20% down payment of $80,000.
A government guarantee is 
included in VA loans
The VA usually guarantees up to a quarter of the loan 
amount if you have a VA entitlement. The guarantee 
gives lenders peace of mind and aids service members in 
obtaining favorable terms and rates.
There are several types of VA 
loans
A VA loan can have a fixed or adjustable interest rate. A 
VA loan can be used to buy a house, a condo, a new 
home, a manufactured home, a duplex, or any other type 
of property.
It can also be used to refinance your current mortgage, 
make home repairs or improvements, or make your home 
more energy-efficient.
We offer advice on how to move 
into a new home smoothly
Moves are largely responsible for being stressful, but yours doesn't 
have to be. Our mortgage broker observed and learned from the 
experiences of countless home buyers over the years.
If you need any assistance Pierpoint Mortgage's experts can answer 
any questions you have and walk you through the VA home loan 
process. Our own procedure is transparent and simple to follow, 
ensuring that the process of closing your home and receiving the 
keys goes as smoothly as possible. You can reach out to us right 
now for more information.
PierPoint Mortgage
3088 Sheffield St ste b, Muskegon, MI 49441
231-737-9911
[email protected]
https://pierpointmortgage.com/