VA loan program empowering women veterans of color, even in rocky housing market

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San Antonio veteran uses VA loan to purchase home for her Gold Star family.

– Marisol Deck met the love of her life in the Air Force.

“The last couple years before he passed, that’s all we would talk about. We want to go to Texas, we’re going to retire, we’re going to finally own a house,” Deck said.She did it all through the VA loan program, which offers the lowest average interest rates on the market, the option for no down payment, and wiggle room for those who don’t have top-tier credit.

The program is turning 80 years old in the coming years and has helped over 25 million veterans secure home loans over the years. “We’ve seen so many home sellers who won’t even accept a VA offer. They’re looking for cash offers, they’re looking for conventional offers,” Birk said.“A lot of it is breaking down misconceptions and myths about this product. They think it’s going to take forever to close, or the veterans aren’t well-positioned buyers who won’t make it to close,” Birk said.“So they’re actually an incredibly safe bet for both home sellers and their real estate agents,” Birk explained.

 

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