01/23/2023
First-time home ownership is an accomplishment to be very proud of! However, it's important to keep all of your loan options in mind. The average mortgage loan term is 15-30 years, so you'll want to be sure it's right for you.
Conventional loans are the most common type, with as little as 3% down required. While these loans are great due to their ease of access, you may get more benefits when using an alternative loan type. For example, VA loans require no down payment and are available to veterans, active-duty service members and their surviving spouses.
Military family on the move? Modern Jones Military can help: https://bit.ly/3ox20Bf