Veterans & Home Purchases

ANNA MAY's Real Estate e-Newsletter
Veterans & Home Purchases

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In the wake of Memorial Day, "freedom is not free" struck me last weekend at a Memorial Day event in my hometown.

Home loans are offered for veterans, reservists, active-duty personnel and surviving spouses of veterans, based on military entitlement.

For a comprehensive look at what VA offers in the way of Home Loan services, visit www.HomeLoans.VA.gov.

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May's Client Spotlight: Heather Reyes,
Hospital Corpsman, Third Class, U.S. Navy

This month my friend & client Heather Reyes and her husband Dani bought a home with VA financing.

Thank you Heather for your service to our country!

Now retired from the Navy, Heather assists individuals in California as a rep for Primerica Financial Services.

(Yes, I realize that "corpsman" doesn't match the girl's name "Heather" but she insisted that it is indeed "corpsman"!)

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The HAYWARD Corner

Messages From Hayward City Councilwoman Anna May

Housing Rehabilitation Programs for Hayward Seniors -- Info on Loans & Grants: CLICK HERE

Below Market-Rate Housing: CLICK HERE for details

First-Time Homebuyer Program: CLICK HERE for details

Hayward-China Sister City: CLICK HERE

Visit the City of Hayward web site! www.Hayward-CA.gov

Benefits of a VA Loan

No down payment*

No cash reserves

No application fee

No monthly mortgage insurance premiums

VA funding fee may be financed

Seller is required to pay certain closing costs thus decreasing the closing costs for the borrower

May pay off some consumer debt with the refinance loan program*

1-4 unit primary residences may qualify with restrictions

VA assistance to veterans in default

*For more info on VA loans, call Jeff at (510) 895-5976 or: www.JeffMcGary.com

VA Loan Limits

The loan limit in most counties is $417,000.

In high-cost counties, the loan limits
are higher.

CLICK HERE for info on loan limits throughout the country.

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