The VA loan program is a great option for US Veterans.

You may be eligible for a VA loan of you have: served 90 consecutive days of active service during wartime, OR You have served 181 days of active service during peacetime, OR You have more than 6 years of service in the National Guard or Reserves, OR You are the spouse of a service member who has died in the line of duty or as a result of a service-related disability.  In addition there are income, debt to income ratio and credit requirements.  VA loans can be used to purchase single family homes, as well as, VA approved condominiums and cooperatives.

VA Loans have a lot to offer a buyer, such as the following:

– 0% down
– No PMI or Monthly Mortgage Insurance
– Competitive Interest Rates
– Easier Qualification

If you are eligible for a VA loan you would want to get in contact with a VA home loan specialist.  Veterans United, http://www.veteransunited.com/va-loans/,  is a great source of information and can be reached directly at 800-731-2659.

See the Capital Park Realty Page for all VA approved buildings in Washington DC Neighborhoods.