Homeownership Benefits for Veterans: VA Loans, Grants, and More | The Local Ledger

November is a great time to recognize the contributions of Veterans. But did you know that there are benefits when it comes to homeownership that are available for Veterans year-round? Here are a few that are worth a special salute.

VA Home Loan: A Powerful Tool for Veterans

One of the biggest benefits that Veterans have access to is the VA home loan. This loan is secured by the Department of Veterans Affairs and allows lenders to approve qualifying Veterans for a mortgage with a 0% down payment. There are some limitations, such as time in service requirements and the type of discharge that the Veteran received. The home must also meet basic habitability requirements, and there is some extra paperwork involved.

This home loan is also available to active duty service members, military spouses, and some members of the National Guard or Reserves. If you think you may qualify, working with a knowledgeable lender is key. It also helps to work with a real estate agent familiar with the VA loan process, including the extra inspections and appraisals required.

👉 Learn more about VA loans at The Local Ledger

Home Improvement Discounts for Veterans

Discounts on purchases for military members are available from many retailers, including major home improvement and hardware stores such as The Home Depot and Lowe’s. You can also talk to local small businesses about special offers. Many retailers with rewards programs waive fees or provide extra points to Veterans, servicemembers, and their families.

VA Housing Grants for Veterans with Disabilities

If you have a service-connected disability, you may qualify for a VA Housing grant. This program provides financial assistance to make homes more accessible for Veterans with disabilities. Improvements can include widening doorways, installing ramps, or making structural modifications for safety and mobility. Even if you are living with a relative or caregiver, you may still qualify to make modifications that better suit your needs.

👉 Learn more about VA Housing Grants here

Ready to Use Your VA Homeownership Benefits?

At The Local Ledger, we specialize in helping Veterans navigate VA loans, grants, and more. Let’s help you unlock the doors to homeownership today.

• ✅ Apply for a VA Loan Now
• ✅ Learn more about VA Home Loans