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The Best Home Mortgage Ever? (VA Loans Explained 2022)

If you hear VA loans explained, it starts to make sense why so many service members use them. It could be the best home mortgage ever. Not only do VA loans require far less money to buy a home, but they also do away with many of the cumbersome fees that first-time home buyers are used to. This allows the men and women who serve our country to not only get into a primary residence they love but also start building a real estate portfolio quickly. David Pere, our favorite Military Millionaire, hasn’t always used the VA loan, but now tries to use it as much as possible. David knows the ins and outs of the VA loan quite well but still hears common misconceptions from his service member friends. He’s here to clear up the incorrect info about the VA loan and describe why, if you have access to it, it may be the best home loan in existence. Even if you’re unable to use the VA loan yourself, knowing about loan products like this helps educate you on the housing market as a whole, making you a far more informed buyer. Next time a service member friend or relative talks about real estate, ask them if they’ve used the VA loan. And if they haven’t, send them back here! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Find an Investor-Friendly Lender for Your Next VA Loan: https://www.biggerpockets.com/loans?u... ~~~~ Check out Last Week’s Episode on FHA Loans:    • 2022 FHA Loan Requirements (BEST Firs...   ~~~~ A Complete Guide to the VA Loan: https://www.biggerpockets.com/blog/br... ~~~~ 8 Ways the VA Loan Serves & Protects Veterans: https://www.biggerpockets.com/blog/be... ~~~~ Yes, You Can Use Your VA Loan More Than Once. Here’s How: https://www.biggerpockets.com/blog/20... ~~~~ Connect with David on BiggerPockets: https://www.biggerpockets.com/users/u... ~~~~ Follow David on Instagram: @frommilitarytomillionaire or   / frommilitarytomillionaire   00:00 The Best Mortgage Ever? 00:25 What is The VA Loan? 02:35 VA Loan Requirements 06:14 Can You Get Multiple VA Loans? 07:04 Do You Need Landlord Experience? 07:41 Say Goodbye to PMI 08:45 Funding Fees Explained 09:48 VA Loan Wrap-Up #biggerpockets #biggerpocketsmoney