Veterans Land Loans Are Another Great Benefit For Those Who Serve

By Michelle Stevens


Looking at purchasing land to build your dream home? Are you a USA army veteran? Then this is the perfect solution for you, you could qualify for Veterans land loans. This is an exclusive benefit program that offers US army veterans the chance to make their dreams come true. Not only is it affordable but it is also very easy and quick to apply for.

When purchasing properties, many people are faced with the horrible task of applying for a loan from large loan companies. Even when individuals do qualify for the loan the loan companies often refuses it because of the applicant's old age and the fear of them being unable to pay it off. However, with a quality property loan this will not be the case.

That sort of lending is a lot more lenient when it comes to the qualification and application of starter or extended loans for housing, renovations, farming and property loans. This is a result of the understanding of the sacrifice of the previous war veterans for the USA. The dedication shown by the war veteran is what drives the program to succeed, as it has been shown that that equivalent commitment is applied when the payments are due.

In order to qualify for the loan the applicant has to have been in the US army in the years of 1962 to 1980. The applicant has to have proof that they are a US citizen and that they have some form of income on a monthly basis. This can be taken to any local postal store to be process for acceptance.

If the application is successful and the applicant fits all the above requirements, the applicant will be allowed to apply for a specific amount. Due to the custom made design of this program the applicant will often get a much larger sum of money than expected out of this incredible property loan. This will certainly help to cover lawyer or moving costs, and help you on your way to a farming venture, perhaps.

The loan will be given at an interest rate of prime minus 1.85%. This is currently the best interest rate being offered on the market. The applicant will have to do a series of health checks at the actual property facilities in order to determine what period of time the loan can be made over. The costs of these tests are billed to the loan company.

It is recommended that this is added to the list of beneficiaries on your last will and testament if the applicant is older than 65 years old. This clause will fall away as soon as the loan has been paid in full and the applicant is still alive. There is also an option to pass the payments onto a spouse or offspring if you do pass on.

The Veteran land loan is made to impress and capture all US veterans and also to provide them with the best possible location to spend their retirement. If you believe there is a better product on the market please do not hesitate to contact us and we will give you a complimentary meal voucher if we cannot beat it. This is how confident you can be that that the product you are getting is the very best for your needs.




About the Author:



No comments:

Post a Comment