United States military personnel have some of the greatest benefits available, including some huge advantages when it comes to purchasing a home. The Military VA Loan is one of the best benefits offered, as it enables buyers to purchase a home worth up to $719,000 with no down payment. This helps veterans and active duty personnel find housing that they can purchase quickly and with less hassle.
More and more veterans and military personnel are taking advantage of this opportunity now that interest rates are so low. The Los Angeles Times has a great article with information on interest rates for homebuyers. If you are or were in the US military, you can see if you qualify for these benefits by going to the Department of Defense website.
If you have the opportunity to buy a home using a Military VA Loan, take advantage of the opportunity and the current low rates before they start to rise again, which they will start doing soon.