NewDay USA conducted a survey of current and former U.S. service members to better understand what’s holding military families back from buying a home right now. Results show VA loan satisfaction remains extremely high, but affordability barriers, especially saving for upfront costs like closing costs, are still keeping many buyers on the sidelines, alongside persistent misconceptions about how the VA benefit works.
Brian Montgomery, Vice Chairman of NewDay USA, discussed the opportunity to expand veteran homeownership by closing the information gap around VA loan benefits and making sure eligible buyers understand what the program actually offers.
