VA Loans Don't Require a Down Payment. Half of Service Members Didn't Know This Perk

Many eligible Veterans and servicemembers still do not fully understand some of the biggest VA loan benefits, including the ability to buy without a down payment or PMI.

Destinee Stice, Vice President of Loan Origination at NewDay USA (NMLS #1565498), discussed why military benefits can be difficult to keep track of and highlighted options that may help buyers cover closing costs. She also stressed that zero-down financing does not replace financial preparation, including keeping debt low and addressing credit issues before buying.