The American Warrior Initiative Ensuring Your VA Loan Benefit
June 27th, 2018
20 mins 36 secs
About this Episode
In this episode, we speak to Angela Allen. Angela is the daughter of one of the first 100 Navy SEALs, Howard Wesley Allen. Howard was a Navy Frogman in the Korean and Vietnam war. He also assisted with the Mercury Missions. After losing her father at a young age, Angela dedicated her life to volunteering and assisting Veterans however they needed. Listen to her unique story in this episode.
As well, we discuss VA Loans in great detail. This is an incredible benefit that goes unused by 94% of Veterans! The benefits of a VA Loan include:
- 100% financing
- No monthly private mortgage insurance required
- A limitation on buyer's closing costs
- The loan is assumable, subject to VA approval of the assumer's credit
- 30 year, fixed loan with interest rates similar to FHA rates
- Seller can pay up to 4% of the Veteran's closing costs and even pay down the buyer's debt to help lower their debt-to-income ratio
- You can have less than perfect credit
Angela will share her story, discuss the American Warrior Initiative, and let us know all the updates regarding upcoming VA Loan program changes.Support Veteran Cast
- Angela Allen — As a real estate agent, Angela Allen received her accreditation on VA Loans through the American Warrior Institute and has dedicated her life to assisting Veterans.
- American Warrior Initiative — The objective of the non-profit American Warrior Initiative 501(c)3 is to educate, encourage and inspire Americans to give back to our military. A key part of this initiative is the education platform for real estate agents and mortgage professionals.