Agencies of the government have developed an array of loans specifically designed for those who have served in the Armed Forces. If you are currently a member of the Armed Forces, or you are a veteran, the government and the citizens you serve acknowledge, respect, and honor your service and sacrifice. These loan products have been developed to reward your service and accommodate your specific needs.
There are several unique aspects of working in the Armed Forces as it applies to loans and loan qualifications. Deployment often involves a nomadic lifestyle, moving from place to place. The idea of settling down is often delayed until retirement from military service is possible, but producing the down payment for a standard home mortgage is difficult or impossible. An Armed Forces loan is possible with no down payment. The government agencies that developed these loans and the lenders that offer them understand the nature of your residency and history of multiple addresses.
Your job, rank, or branch with the Armed Forces is not a consideration. These loan products are specifically tailored to the needs of any member of the Armed Forces.
The application process is simple, and the loan can be used for any reason or purpose. Pay bills, buy a new truck, fund a new business, take a vacation, buy an engagement ring, consolidate some debt, or do some home repair and remodeling. Invest in yourself—Take a class, get some training, sharpen your skills or start something new.
Lenders who provide Armed Forces loans do not discriminate on the basis of race, color, ethnicity or nationality, sex, religion, martial status, or age. You can expect courteous and prompt service. Loan representatives will work with you to find the loan and terms you can best afford. If you have strong credit, you can expect very competitive rates. If your credit is less than perfect, lenders will work to get you approved and help you rebuild your credit.
Our nation’s heroes deserve financial security. The reason for your loan doesn’t matter. You can expect fair terms, competitive rates, and fixed payment schedules for any budget and any need. No surprises. Personalized financial solutions to military personnel and their families to assist in almost any situation.
Break out of the debt spiral with an installment loan; unchanging payments and preset amount of time for repayment. Various loan structures are available with set payments that will help you manage your debt while meeting your cash needs. This is a perfect opportunity to build your credit — Establish your credit for the first time, or build up your existing credit.