VA Home Loans: 5 Myths That Keep Veterans from Owning a Home in Wisconsin
If you’re a veteran, active-duty service member, or eligible surviving spouse, you've earned more than just our gratitude - you've earned one of the best home loan benefits in the country.
Yet many eligible buyers in Milwaukee, Oak Creek, and across Wisconsin are sitting on the sidelines - not because they can't buy, but because they believe something that isn't true.
Let's break down the 5 most common VA loan myths that might be holding you back.
❌ Myth #1: "I need a down payment to buy a home."
Truth:
VA loans require $0 down - that's right, 100% financing is available for eligible buyers. In today's market, saving 5 - 20% for a down payment could take years. With a VA loan, you can skip the wait.
💬 "We thought we needed to save for a big down payment. Adam showed us we could buy now - with nothing down." - Josh S., U.S. Army Veteran
❌ Myth #2: "VA loans are harder to qualify for."
Truth:
VA loans are actually more flexible than most programs when it comes to credit score and DTI. Most lenders accept credit scores as low as 580 - 620, and the VA doesn't set a maximum debt ratio. If you've had financial bumps in the road, a VA loan may be your safest path.
❌ Myth #3: "I can only use the VA loan once."
Truth:
You can use your VA home loan benefit multiple times - even on a second home or rental, depending on leftover entitlement. Whether you've used it before, sold your previous home, or relocated, you may still be eligible.
❌ Myth #4: "There are hidden fees or higher rates."
Truth:
VA loans are typically more affordable than FHA or conventional loans - with no monthly mortgage insurance (PMI) and historically lower interest rates. While there's a VA funding fee, it can be rolled into the loan and is often waived for disabled veterans or surviving spouses.
❌ Myth #5: "Sellers don't like VA offers."
Truth:
This is outdated thinking. VA borrowers are still required to negotiate competitively - and good communication from your lender (that's me!) helps your offer stand out. VA appraisals are fair market-based and don't make lowball offers.
💡 Pro tip: I work closely with local real estate agents to strengthen your offer and close faster - making your VA loan just as competitive.
🎖️ Ready to Use Your VA Benefit?
Here in Milwaukee, Oak Creek, and across Wisconsin, veterans are buying homes with no down payment, low rates, and major savings.
Whether you’re ready to buy now or just curious about what you qualify for, let's talk.
📞 Call/Text: 414-975-2654
📩 Email: adam@uhm.com
🌐 Apply Online: www.mkemortgage.com
🔗 Recommended Resources
- VA Home Loan Program - U.S. Department of Veterans Affairs
- Union Home Mortgage - VA Loan Options
- Apply with Adam Zeman - Milwaukee VA Lender
Adam Zeman
Mortgage Loan Originator
Union Home Mortgage - Proudly Serving Those Who've Served
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