The VA mortgage allows for 100% financing with just a small 2% funding fee which is financed into the new loan. So actually, this is 102% financing. There is no mortgage insurance with this loan!
The seller can pay your closing costs up to 6% of the sale price which will cover them all for you. Therefore, you can literally buy a home with absolutely no money. The VA is also very lenient on credit scores and other qualifying criteria to make the pre-approval process easier.
So what are you waiting for? Grab your DD214 and Get Pre-Approved for FREE!. You fought for it, now own a piece of the American Dream!