Why Veterans Need Housing Support

Veterans need housing support for a variety of reasons. Many are struggling with mental health issues such as PTSD. According to the National Alliance on Mental Illness, up to 20% of veterans who served in Iraq and Afghanistan have PTSD. Without stable housing, it can be very difficult for these veterans to get the treatment they need.

Veterans also have a high rate of homelessness. According to the Department of Housing and Urban Development, there are nearly 40,000 homeless veterans on any given night. This is a daunting figure, and it’s important to remember that these veterans need our help.

One way we can help veterans is by ensuring they have access to VA loans. VA loans are critical for veterans who want to purchase a home, as they offer favorable terms and rates. For many veterans, getting a VA loan is the only way they’ll be able to afford a home of their own.

• VA loans are guaranteed by the Department of Veterans Affairs, which means that if you default on your loan, the VA will repay your lender. This guarantee makes VA loans much more attractive to lenders, and as a result, VA loans typically have lower interest rates than other types of loans.
• VA loans also don’t require a down payment, which can make them a good option for veterans who don’t have the cash on hand for a traditional down payment.
• VA loans are available to eligible veterans, reservists, and active-duty service members. If you’re not sure if you’re eligible, you can check with the VA.

If you’re a veteran, a VA loan can be a great option for financing your home. Contact our veteran-operated team today to discuss your next step towards homeownership.