Definition

• Available for military personnel, veterans, and some spouses.
• Ideal for military personnel and veterans, offering no down payment for properties up to $417,000. No limit on usage.

Ideal Borrowers

• Veterans or active military personnel.

Down Payment

• No down payment required for loans up to $417,000.

Benefits

• Additional benefits for disabled veteransGreat financing option with no money down for qualifying military personnel.

Usage Limit

• No limit on the number of times the program can be used.

Strengths

• Exceptional benefits for military personnel, veterans, and some spouses.
• No down payment required for loans up to $417,000.
• No limit on the number of times the program can be used.
• Additional benefits for disabled veterans

Considerations

• Exclusive to military personnel, limiting eligibility.
• Some restrictions on property types and usage.