Three Creeks Media | By Erik J. Martin
With no down payment required, flexible credit guidelines and limits on closing costs and fees, the VA home loan is a popular financing option for veterans and active-duty service members, including National Guard members.
But in the past, Guard troops were only eligible for the VA loan after six years of honorable service, following 90 consecutive days of service or after being discharged from active duty for a service-related disability.
New legislation signed into law in January the Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act expands eligibility for Guard members and cuts the required days of service. That means tens of thousands more Guard members, including many who performed COVID-19 emergency-related duties, will qualify for the VA-backed mortgages, according to John Goheen, director of communications for the Nation
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AUSTIN, Texas, Feb. 10, 2021 /PRNewswire/ Austin-based Ryan Leahy and his organization, Leahy Lending, join one of the nation s fastest growing mortgage companies, Hometown Lenders Inc. The Leahy Lending team brings over 75-years of experience and client satisfaction to form Hometown Lender s Texas region.
After an unprecedented year of growth in 2020, producing over $260M in fundings and serving over 850 homeowners in Texas hottest real estate market, Ryan Leahy and his team made the switch to join Huntsville-based Hometown Lenders, making the Alabama brand their sole home financing partner. The switch comes as The Leahy Team sought a partner who truly matched their core values and commitment to serving clients as they would their family. For Leahy, upon meeting Hometown s passionate leadership team and learning of their innovative processes, it was clear the brand would supply Texas clients the edge needed to confidently secure financing