In order to get preapproved for a mortgage, your mortgage lender will need to verify your income and asset information to determine how much home you can afford and the interest rate you’ll pay on the loan.
The federal government rewards veterans of the U.S. military in several ways. Many programs, from education reimbursement to disability compensation, employment services, and life insurance are available to active and former members of the armed forces. Another benefit of military service is home loan assistance in the form of the VA loan. However, many veterans have not used or are unaware of the VA loan benefit provided to them.