Recall the latest Va loan was created to end up being the armed forces individuals number 1 home

A few of the most other misunderstandings or myths are that a lot of that time they feel you to definitely no down form a lower quality customer. They think that the people possess a tough borrowing or reasonable-money otherwise that they are significantly less shiny and clean since the somebody who has a deposit, nevertheless statistics carry out tell you otherwise. The data on the a national average show that Virtual assistant borrowers keeps highest credit scores compared to the average old-fashioned financing buyer and you may more often than not do have more property inside set aside compared to traditional customer. Continue reading →