Southwest Michigan Realtor

By Michael Delaware, REALTOR®

Buying A Home with a VA Loan in Southwest Michigan

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Buying a home with a VA loan in Southwest Michigan is a great choice for buyers who qualify.  Veterans Administration (VA) loans allow a US military veteran to purchase a home with 100% financing, requiring no down payment.  The program offers a low interest rate, which makes it an appealing loan. 

VA Loans are a great first time home buyer program.

There are some other interesting features about buying a home with a VA loan in Southwest Michigan, and that is it allows for the seller to pay up to 4% in closing costs for the purchase of the home.  Many times, if the purchase price is above $100,000 this covers a majority if not all of the required closing costs. 

When the sale value is in a lower range, the buyer would need to bring the difference to closing.  Certain counties have requirements regarding buying a home with a VA loan in Southwest Michigan.  One of these is Calhoun County for example, and they require that a pest inspection be done on the home, and it be paid for by the seller. 

Other counties in the region may have similar requirements, from county to county.  

VA Loans are a great benefit for veterans.

 Barry and Eaton Counties require that a passing well and septic inspection by their combined health department accompany any transfer of ownership of a property, but this is not loan program specific. 

All in all, buying a home with a VA loan in Southwest Michigan is a great first time home buyer program for those that qualify, as it allows a buyer to get into a home without a lot of expense out of pocket.  The home itself does need to have an appraisal that is done by a certified VA appraiser, and the home has to meet VA standards to qualify for the loan. 

For more information on buying a home with a VA loan in Southwest Michigan, including getting connected with a lender experienced in the program, call me directly at: 269-441-8182 or contact me through my website at: www.michaeldelaware.com.

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