What First-Time VA Buyers Need to Know About Their Home Loan Options

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If you're a first-time VA buyer, your home loan options include the zero down payment benefit, but remember you'll still need to cover the VA funding fee unless you're exempt due to a disability rating. You can also negotiate for the seller to pay some closing costs. Unlike conventional loans, VA loans don't require private mortgage insurance, which can save you money each month. However, you must meet occupancy requirements and obtain a Certificate of Eligibility. Getting pre-approved early he…