Categories: Finance

86.5% of Qualified Veterans Aren’t Taking Advantage of Housing Programs

Recent polling has found that the majority of Veterans are not taking full advantage of their benefits. At the moment, only 14.5% of Veterans have used these life-changing programs.

If you are a Veteran who served our country, there are a number of different programs available for housing assistance that you may not be aware of.

Whether you are homeless, renting or you currently own your home – the Department of Veterans Affairs is committed to the goal of ending Veteran homelessness and ensuring affordable housing options for all Veterans.

Check here to See if you qualify »

Since 2010, over 480,000 Veterans and their family members have been permanently housed, rapidly rehoused, or prevented from falling into homelessness through HUD’s targeted housing vouchers and VA’s homelessness programs.

At the end of the 2016 year, nearly 37 areas of varying sizes (including 3 states) have effectively ended Veteran homelessness. One such area is the City of Los Angeles – which saw a decline in the number of homeless Veterans by more than 32 percent between 2014 and 2015 – in spite of an uptick in homelessness of the general population.

Still unknown to many, this brilliant program could save millions of Military Veterans and help them save thousands.

Recent polling has found that the majority of Veterans are not taking full advantage of their benefits. At the moment, only 1 in 10 Veterans have used their VA Mortgage Benefit that make their monthly home payments far easier.

The VA Home Loan Program:

One popular option for Veterans when it comes to owning a home is the VA loan program. The VA loan program allows home buyers to borrow up to 100% of the value of the home – which means its possible to buy a home with no money down.

Not only does the VA home loan program allow for 100% financing, but it also doesn’t require mortgage insurance – which can often add hundreds of dollars to the monthly mortgage payment.

Lastly, for Veterans who currently have a VA loan – there are programs available to help lower your monthly mortgage payment when interest rates are low – and currently rates are near historic lows.

Start By Taking One Simple Survey

(Your VA Survey is 100% free, and takes about one short minute.)

Whether you are currently renting or own your home, if you are a Veteran there is a very simple way to get started to find out if you can save money on your housing options each month, a free survey to contact lenders is available: VA Survey.

VA Survey is a free service to contact lenders to help Veterans take advantage of housing programs they may not be aware of.

There’s no obligation to veteran homeowners: VA Survey is free and only takes a couple of minutes to complete.

If you are a Veteran and are thinking about your housing options – there is nothing to lose and you’ll be surprised to learn what options are available to you that you didn’t know about.

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Cathy

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Cathy

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