Receive tremendous advantage during the home-buying process, when you use One and Only Realty. VA buyers who team up with us qualify for our $1500 Rebate Program on the successful close on the home purchase, while working with a One and Only Real Estate agent.
We are a group of agents who understand the promise and potential of this rebate program and how it can help you in a host of ways. It can help by having the extra cash on hand for moving costs, closing costs, or just extra needed funds after closing on your home.
The VA home buying market is becoming increasingly competitive with time. There are many VA home buyers looking for their first dream home, and in this competitive market it is not uncommon to get multiple offers on one home. You may feel that it may be difficult to find your dream home in this competitive market. But the good news is that with my real estate experience and expertise, I can help you find the home you desire and deserve. Having a successful VA home buyer plan in place means that you will be in your dream home before you know it! With over 600 homes sold, we know what it takes to help you find your dream home.
How it works – As your real estate agents, we work for you for free and the seller pays us our commission. After the successful close on your new home, the rebate is paid from our commission.
No Down Payment Necessary.
Homebuyers will usually need at least a 5 percent down payment for conventional loans or a 3.5 percent down payment for FHA financing. On a $200,000 loan, that's $10,000 for conventional borrowers and $7,000 for FHA. For many first-time homebuyers, coming up with that kind of cash up can be challenging. Being able to purchase with $0 down means VA borrowers don't have to spend years saving to scrape together a big down payment.
Less Stringent Qualifications.
Many first-time homebuyers might not yet have a strong credit history, which can make it more difficult to get approval for a mortgage or qualify for an affordable interest rate. Since the VA loan is government-backed, VA Loans are easier to qualify for at competitive rates.
Lower Monthly Payments.
Since VA Loans don't require the added monthly expense of private mortgage insurance (PMI), they tend to leave more money in your pocket each month. In addition, the competitive VA Loan rates can save a typical buyer thousands over the lifespan of the loan.