Welcome!  •  December 10, 2023  •  9:51 AM EST
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VA Loans for Reservists/Guardsmen

December 10, 2023 - 9:51 AM EST

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You may be eligible for VA loans up to $359,650* with zero down. The Veterans Administration is providing loan guarantees to reservists and guardsmen who meet any one of the following conditions:

  • You have completed six years in any U.S. reserve component, since 1944.
  • You have served 90 days in a "War Zone", such as Somalia, Haiti, Grenada, Persian Gulf, Bosnia, Afghanistan, Iraq, Etc.
  • You have served 181 days of continuous active duty.
  • If you were disabled before completing your six year obligation.
  • If you were discharged at the convenience of the U.S. government, such as in a reduction in force, before completing your six year obligation.

If you meet any of these conditions, you should contact us immediately for help obtaining a VA certificate of eligibility from the Veterans Administration. A VA lender can determine the exact loan amount that you would qualify for. There is no cost for these services.

Advantages of Obtaining a VA Loan

  • VA home loans require no down payment up to $359,650* and many lenders only require 25% down on the amount over $359,650.
  • *The maximum VA loan amount is now the same as the FNMA/FHLMC maximum loan amount and is adjusted annually.
  • The seller or builder can pay all of the veteran's/reservist's closing costs and prepaids, making it possible to buy homes with zero out of pocket expenses. The veteran may also choose to finance the closing costs and prepaids by agreeing to pay the lender a higher interest rate.
  • VA provides very liberal qualifying guidelines, perhaps the easiest to qualify for in the whole industry.
  • VA loans can be assumed by veterans or non-veterans at the original interest rate to include investors and owner-occupants. VA loans may be sold on installment sales, such as a lease purchase or a contract for deed. This makes VA loans/homes easier to sell than FHA or conventional loans.
  • Home sellers are no longer required to pay loan discount points on VA loans, this makes sellers more receptive to VA offers to purchase.

This notice is provided by ValuePlus Properties and Jeff Elias Seminars as a public service to this nation's reservists/guardsmen. This program has gone largely unused since its inception in October, 1992, due to lack of publicity from the U.S. government. Approximately 5% of the eligible reservists/guardsman have obtained a certificate of eligibility. Even fewer have purchased homes under this exceptionally valuable program.