The DiRoberto Team


There are a number of programs, government-sponsored and otherwise, that are designed to help aspiring homeowners find and get approved for a mortgage that works for them.

Among these are first-time homeowner loans insured by the Housing and Urban Development Department, mortgages and loans insured by the USDA designed to help people living in urban and rural areas, and VA loans, sponsored by the U.S. Department of Veterans Affairs.


In today’s post, I’m going to give you a basic rundown of VA loans, who is eligible for them, and how to apply for one. That way you’ll feel confident knowing you’re getting the best possible deal on your home mortgage.


What is a VA Loan?

VA loans can provide soon-to-be homeowners who have served their country with low-interest rates and no private mortgage insurance (PMI).

If you’re hoping to buy a home soon and don’t have at least a 20% down payment, you typically have to take out private mortgage insurance. This means paying an extra insurance bill on top of your monthly mortgage payments. The downside of PMI is that it never turns into equity that you can then use when you decide to move again or sell your home.

Loans that are guaranteed by the VA don’t require PMI because the bank knows your loan is a safer investment than if it wasn’t guaranteed

VA loans may also help you secure a lower interest rate, or give you some negotiating power when it comes to discussing your interest rate.

Finally, VA loans set limits on the number of closing costs you can pay in your mortgage. And, if you’ve ever bought a home before, you’ll know how quickly closing costs can add up.

Who is eligible?

There are some common misconceptions about who can apply for a VA loan? So, we’ll cover all the bases of eligibility.

If you meet one of the following criteria, you may be eligible for a VA loan:


  • You’ve served 90 consecutive days during wartime

  • You’ve served 181 days during peacetime

  • You’ve served six or more years in the Reserves or National Guard

  • Your spouse died due to their work in the military

There are some restrictions to these eligibilities. For example, your chosen lender may still have credit score minimums.

Applying for a VA Loan

There are two main steps for applying for a VA Loan. First, you’ll have to ensure your eligibility. You can do this by checking the VA’s official website. Be sure to call them with any questions you may have.

Next, you’ll need a certificate of eligibility. The easiest way to acquire one is through your chosen lender.  If you haven’t chosen a lender, you can also apply online through the eBenefits portal, or by mailing in a paper application.

Once you have a certificate, you can apply for your mortgage and you’ll be on your way to buying a home.


This Single-Family in Sutton, MA recently sold for $284,000. This Ranch style home was sold by The DiRoberto Team - RE/MAX Advantage I.


65 Barnett Rd, Sutton, MA 01590

Single-Family

$289,000
Price
$284,000
Sale Price

7
Rooms
4
Beds
2
Baths
Spacious and bright open floor plan ranch in the wonderful town of Sutton. Massive kitchen with Cathedral Ceilings, Double Oven and an Island! Plenty of space to entertain! The kitchen also has two huge windows and skylights for plenty of natural light and a slider leading out to the backyard, Also featuring a large living room, master bedroom, a finished basement, and two attics! This home offers numerous updates such as a complete renovation of the main bathroom in the home, Insulation of the entire home including both attics via Mass Save program, ceiling fans in every room and an addition which added another large living area!

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This Single-Family in Holden, MA recently sold for $310,000. This Raised Ranch style home was sold by The DiRoberto Team - RE/MAX Advantage I.


15 Bullard St, Holden, MA 01520

Single-Family

$295,999
Price
$310,000
Sale Price

11
Rooms
3
Beds
2
Baths
Home sweet home is what comes to mind when you enter this bright and spacious home. Located only minutes away from the center of town and Rt 290. This home was loved by the same family for over 20 years. You are now given an opportunity to make it yours with small cosmetic touches because all the major stuff was taken care of for your. It has a new roof, windows, freshly finished floors and carpets. The living room is warm and inviting with lots of natural light. You will love reading your book, cooking on the grill and listening to birds on your large deck. Wait, there is more. The downstairs has 4 large rooms for your work, play, overnight guests or teenagers. Come see for yourself.

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You may be the rare type of person that looks forward to cleaning your home, but most people do not relate. Cleaning your house is a pretty easy task to procrastinate because it usually takes so much time and energy from your already busy lifestyle. Of course, everyone within your household enjoys a tidy living space, but no one is up for the job. Believe it or not, some things you can do right now to keep your home tidy and relaxing every day of the week!

  1. Everything has a place. Assign each item a place and ensure that everyone in your household knows where those items go. For example: Where do shoes go when your family gets home from work or school? Is there a place by the door or do they go in the bedroom? Create a designated area for those items, and your home will maintain organization throughout the week.
  2. Create a chore list that assigns small chores each day rather than cleaning every surface in one day. For instance: Mondays can be the day everyone dusts their bedrooms, Tuesdays give someone the task of vacuuming the living area and so on. By doing a little now and then, you maintain your homes ability to remain a relaxing environment.
  3. Make cleaning a family activity. It can be hard to get the kids motivated to clean their rooms, but when everyone in the household is doing their part, kids can quickly jump on board. Something you could start is "The five-minute pick-up game." Set a timer for five minutes each day and ask that everyone tidy up their space for five minutes. Setting a limit will not only keep you from a few meltdowns but will also save you so much time that you could be spending on the couch resting!
  4. Once a month go through your home and declutter a room. It's so easy to collect unwanted items that pile up in a closet to collect dust, but you can save yourself the stress later by organizing one room each month. Declutter by asking yourself when the last time you used the item, and if you plan to use it anytime soon. If you no longer have a specific use for the article, then donate it to someone in need. 

As you take a few minutes during each day to clean your home, you will save yourself so much time throughout the week that you can spend enjoying time with your friends and family.



34 Marjorie St, Worcester, MA 01604

Multi-Family

$280,000
Price

2
Units
960
Approx. GLA
Breath of Fresh Air for This Market! *IMMACULATE 2-Family* (Turn Key) This very well maintained property sits on a quiet street in Grafton Hill! Vinyl siding, off street parking, Huge yard, Cement Patio & Porches! 1st floor has a Beautiful open layout with a breakfast bar, Eat-in kitchen equipped with a dishwasher and electric range. Modern track lighting, updated bathroom and lots of windows to supply great sunlight! 2nd Floor has 2 bedrooms 1 full bath & 1 half bath, an Eat-in Kitchen that also has a dishwasher, electric range and built-in microwave. Hardwood Flooring, tile, great size bedrooms, large closets, nice open feel, modern and bright interior! (Laundry hookups in both units) DO NOT MISS OUT - great price! 1st Floor tenant lease ends May 1st and is moving out!
Open House
Saturday
March 09 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 34 Marjorie St, Worcester, MA 01604    Get Directions

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