Relocation Information for Military Members
Are you an active-duty military member or a veteran looking to make the move to the Goldsboro and Triangle area? The Stonedale Realty Team is happy to offer current and former military members with a number of specialized resources for navigating local real estate. Our community has a wide variety of experience in working with and recommending lenders for military buyers, including helping them secure VA loans.
Simply put, VA loans can often mean putting down as little as 0% down payment on a home, as well as very low interest rates for active-duty or retired military members. In other words, they're a great resource for military buyers. Take some time to learn more about VA loans, and let our team know if you have any questions about real estate around the Triangle and Goldsboro area.
Buying a Home with a VA Loan
What are the Benefits?
There are a numbers of benefits that come with securing a VA loan, the primary of which being the 0% down payment. Additionally, these types of loans don't require monthly mortgage insurance and come with low interest rates—sometimes a full percentage point below conventional loans. Plus, credit requirements and scores for the loans are usually much less-strict than others. Finally, as you're finishing up the process, the number of closing costs you'll have to deal with are far lower than the average.
All in all, the VA loan is an incredibly valuable real estate resource that you've earned over the course of your career. If you're eligible for one of these loans, we cannot recommend it enough! Take some time learn a little more about the buying process in general, and browse a few of the additional resources we have to offer our buyers.
How Does it Work?
Like every loan, you'll find a few conditions and requirements that need to be fulfilled beforehand. To begin with, only homes that have been approved by your VA lender are eligible for offers.
Wondering where the money comes from? Well, the VA isn't actually supplying this loan—rather, they're guaranteeing your loan from a certified lending agency. Even though you won't need mortgage insurance or a down payment, you'll have to pay a fee to secure the loan.
Best of all? They're available to veterans even if you've gone through a foreclosure or bankruptcy. They're also reusable, meaning if you sell your home and want to use the loan again, you can—as long as you pay it off every time. If you're using a VA loan and wondering what your moving timeline might look like, check out our guide.
Homes for Sale In The Triangle
You deserve a real estate experience that's custom-tailored to fit your unique needs. When you partner with Stonedale Realty, you can expect a team of agents who know how to guide buyers through the process of buying a home with a VA loan. Begin your home search today by browsing some of our most popular homes for sale in the Triangle and Wayne County below.
Military Relocation Experts
As your Triangle and Wayne County experts, we're here to streamline the process of finding your dream home. Access our easy-to-use search tools to find your new home, calculate your monthly mortgage payments with our handy calculator, and chat with a professional real estate who understands VA loans and military relocation. The Stonedale Realty Team is around to answer any and all questions you have throughout your real estate process.