No Monthly Mortgage Insurance payments!
Most Home mortgages require some sort of insurance (also known as PMI) added to you monthly payment if less than 20% placed as a down-payment on the loan. This is for the Lender and the risk assessment. VA is the exception and has No ‘monthly’ mortgage insurance with the benefit of 100% financing. This is a great benefit to many Oregon Veterans looking to purchase a primary residence in the state. Veterans with disabilities may qualify be able to have the VA funding fee waived as well