Flagship Financial is a company that specializes in providing home loans to military personnel and their families. When looking to get a home loan many members of the military will have a number of options that they can consider. However one of the best options available to them is home loans offered by the Veterans Administration. This government agency provides veterans and their families with home loans with some of the lowest interest rates on the market along with a minimal down payment. As a result, veterans can more easily afford a home and get into a house that is most compatible with their living needs.
When it comes to those who are eligible for veteran’s administration home loans there are a few people that are. The first type of person that is eligible for a home loan is current military personnel. These are individuals who have been serving on active duty for at least 90 days. By serving in the military on active duty you will have the opportunity to qualify for home loans from the Veteran’s Administration that give you low interest rates and other favorable terms.
The next type of person that can qualify for a Veteran’s Administration home loan is individuals who have served during World War 2, the Korean War, Vietnam War, Gulf War and current military conflicts. Those who served in peacetime shortly after these wars are also eligible. Anyone who was on active duty, served in the conflicts and was in one of the main branches such as the Army, Navy, Marines and Air Force will be able to take advantage of the many benefits offered by the Veteran’s Administration home loan program.
Another group of people that qualifies for a home loan from the Veteran’s Administration is military spouses. Anyone who was the husband or wife of military personnel during war time, peace time and those who are the current spouses of active duty members are able to receive a home loan. As a military spouse you will be able to take advantage of the low interest rates and low down payments associated with these loans.
Those who serve in the reserves and National Guard can qualify for home loans from the Veteran’s Administration. These include people who are members of the Army Reserve, Air Force reserve and those who currently serve and served in the National Guard. As a member of this group you will have the opportunity to get a number of benefits in terms of financing a home from the Veteran’s Administration. By being a member of these groups anyone seeking a home loan from the Veteran’s Administration will qualify for some of the best loan packages available.