Ramblings of a Baltimore area Realtor: Veterans Buying a Home

Veterans Buying a Home

Veterans Buying a Home

Are you a Veteran or Active Duty?  Did you know you might be able to buy a home with  no money down?

Have you served in the Army, Air Force, Marines, Navy, Coast Guard or National Guard or Reserves?  Or, are you the spouse of someone who did and they are disabled or were paid the ultimate sacrifice serving their country?  

To be eligible for a VA (Veteran’s Administration) loan you must meet some basic requirements:

  • Served 90 consecutive days of active service during wartime or

  • 181 consecutive days during peacetime or

  • Have more than 6 years service in National Guard or Reserves or

  • You are the spouse of a service member who has died in the line of duty or as a result of a service related disability

While you don’t need your Certificate of Eligibility (VA form 26-1880) when you start the process of buying a home your loan officer and lender will need this to ensure that you qualify for a VA loan.  Your loan officer can guide you through the process while you get pre approved for a loan.

You may also be able to use your eligibility more than once, so you don't have to be a first time home buyer. 

You may be able to qualify for a VA loan with credit scores as low as 580 and the maximum you can borrow is 100% of the purchase price.  You’ll need money for an appraisal (usually not more than $600) and I can try to negotiate for that to be reimbursed as part of a seller contribution towards your closing costs.  

I can also try to negotiate for the seller to pay your closing costs at closing and/or the lender may give you a credit towards your closing in exchange for a slightly higher interest rate, thereby enabling you to get into a home for no money down at all.  

There is also a Maryland Mortgage program, for Veterans who are Maryland 1st time home buyers, which can be used for closing costs or to reduce the principal amount of the loan.  We can talk more about that when we meet.  

Are you ready to get started?  Let me guide you through the process.  I can refer you to a loan officer who is experienced working with Veterans and their families and help you on your way to owning your first home.


If you are thinking of buying or selling an home in  Maryland give us a call at 410-292-0100 or start your search here and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone is worth the plunge into todays market.  Remax New Beginnings and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad.  Ask me how.

June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP

Long & Foster Hampden

410-292-0100 - Direct   410-889-9800 Office

City Living Expert







June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comment balloon 7 commentsJune Piper-Brandon • April 03 2017 12:28PM


I have to promote that the VA loan is the best mortgage product on the market.

Posted by Harry F. D'Elia III, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (RentVest) almost 3 years ago

Harry F. D'Elia  that is for sure.  This is by far one of the best benefits a Veteran can qualify for. 

Posted by June Piper-Brandon, Piecing Dreams One Home at a Time (Long & Foster Hampden) almost 3 years ago

I have someone purchasing a home now with a VA loan - the loan part of the transaction has been very smooth! The rest of the transaction, not so much!

Posted by Kat Palmiotti, The House Kat (406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty) almost 3 years ago

Kat Palmiotti that is sometimes the case because there are so many requirements that must be met with VA purchases and expectations are sometimes higher too.  

Posted by June Piper-Brandon, Piecing Dreams One Home at a Time (Long & Foster Hampden) almost 3 years ago

Hello June

I have had several clients purchase home in the last year with a VA loan and your post has been featured to the group:

All Real Estate - Today and Tomorrow

Bgpic04202016151751 l
Posted by Robert Vegas Bob Swetz almost 3 years ago

This is great information to share with prospective home buyers. 

Posted by Roy Kelley (Realty Group Referrals) almost 3 years ago

Good info! Our company also closes many homes purchased via VA Loans. In fact, they have just supassed 700K new home purchases for last year alone - their highest yet! I just wrote a blog about it: VA Loans Reach Highest Mark in 2016 - Will 2017 Top This?  I'm happy to find other veteran friendly agents here :)

Posted by Danielle O'Brien, Real estate Broker / Owner in Boston (Parkway Real Estate) over 2 years ago

This blog does not allow anonymous comments