Many Americans are still unaware that VA loans can require no down payment, which may be causing eligible veterans and service members to overlook one of the strongest homebuying benefits available to them.
NewDay USA’s survey found that nearly one in three Americans do not know VA loans can require no down payment, reinforcing the need for better education around VA home loan benefits. The findings also point to a larger issue: when veterans do not fully understand what they qualify for, they may delay homeownership or assume buying is out of reach when options may be available.
