🎖️ Debunking VA Loan Myths: What Wisconsin Veterans Really Need to Know
For veterans across Southeast Wisconsin - from Waukesha to Milwaukee - the VA loan is one of the most powerful home financing tools available. Yet, it's often misunderstood.
Let's break down five common myths that might be holding you back from using the benefits you've earned, and how my team and I at Union Home Mortgage are helping local heroes like you navigate it all - simply and stress-free.
Myth #1: "I need perfect credit to qualify for a VA loan."
Reality: VA loans are more flexible than conventional loans when it comes to credit scores. While most lenders prefer a 620+ score, I've helped veterans secure VA financing with lower scores by focusing on overall financial health and using automated underwriting systems.
Myth #2: "I need a down payment."
Reality: VA loans offer 100% financing - no down payment required. This is one of the last true zero-down mortgage programs available. You've earned this benefit, and we'll help you use it wisely.
Myth #3: "VA loans are only for first-time homebuyers."
Reality: That's not true. You can use your VA loan benefit multiple times. Whether it's your first, third, or even fifth home - if you have entitlement available, you’re eligible.
Myth #4: "I can't use a VA loan to buy a condo or duplex."
Reality: You can use VA financing for approved condos and multifamily properties (up to 4 units), as long as you live in one of the units. Want to build long-term wealth through real estate? The VA loan can help you do that.
Myth #5: "The VA actually lends me the money."
Reality: The VA doesn't lend - approved lenders like Union Home Mortgage do. The Department of Veterans Affairs guarantees the loan, but all underwriting, processing, and funding happens through us. That's where my team comes in.
Local Support for Wisconsin Veterans
We work with veterans across Milwaukee, Waukesha, and all of Southeast Wisconsin - answering your questions, reviewing your benefits, and helping you feel confident in your homebuying journey.
We also work directly with local real estate agents who understand VA contracts and appraisal guidelines to make sure your offer is competitive and closes fast.
Ready to Use Your VA Benefits?
Whether you’re buying, refinancing, or just have questions, my team and I are here to help you maximize your VA loan benefits.
Call/Text: 414-975-2654
Email: azeman@uhm.com
Schedule a free VA loan consult: [Calendly Link]
More Info: adamzmortgageteam.com/va-loans