Travis Wright Real Estate logo
Travis Wright Real Estate
Fort Sill relocation authority
Back to the video library
Video 13 of 15

Using Your VA Benefit

By Travis Wright, REALTOR®, with eXp Realty

How a VA loan works: possible no down payment, no monthly mortgage insurance, seller help with closing costs.

Request your VA loan answer

Request it here and I'll walk through how a VA loan can work for your situation.

The quick tip
  • A VA loan can include a possible no-down-payment option.

  • There's no monthly mortgage insurance with a VA loan.

  • Sellers can sometimes help pay closing costs.

Transcript

If you've served, you may have one of the best home loan benefits out there. And a lot of people never use it.

Travis Wright here, with eXp Realty. Living next to Fort Sill, I talk to a lot of soldiers, veterans, and military families. And many of them don't realize what their VA benefit can do.

With a VA loan, a lot of buyers can buy with no down payment. No monthly mortgage insurance either. And the seller can help with closing costs. For many buyers, that makes owning cheaper than renting.

There are a few rules. The home has to pass the VA's standards, and you'll need your certificate of eligibility. But a good lender can usually pull that for you in minutes. Honestly, it's one of the few times paperwork works in your favor.

And if you're getting orders soon, timing matters. Reply with the word VA, and I'll explain how it works for your situation.

Rather just talk? Text me at (580) 647-0915

Travis Wright, REALTOR® with eXp Realty

Travis Wright with eXp Realty

I help buyers and sellers in Lawton and the surrounding area with straight answers, honest price ranges, and zero pressure. Ask me anything. Seriously, I like questions.

OK License #206164 · 1146 NW Cache Rd, Lawton, OK · (580) 647-0915

FAQ

Frequently Asked Questions

What does a VA loan offer?

Many buyers can buy with no down payment and no monthly mortgage insurance, and the seller can help with closing costs. For many buyers that can make owning cheaper than renting.

What are the rules?

The home has to pass the VA's standards, and you need your certificate of eligibility. A good lender can usually pull that for you in minutes.

Who is this for?

Anyone who has served and may have this benefit. Travis talks with many soldiers, veterans, and military families near Fort Sill who don't realize what it can do.

Does timing matter if I'm getting orders soon?

Yes. Reply with the word VA and Travis will explain how it works for your situation.

More videos Browse the whole video library