Busting myths about VA loans [Infographic]

(BPT) – VA mortgage loans are designed to make the dream of homeownership more attainable for military families. They’re subsidized and insured by the federal government, require little to no down payment and often come with significantly lower interest rates than conventional loans. However, many aren’t aware of their full benefits.

A nationwide survey by Navy Federal Credit Union reveals misconceptions many active duty servicemembers and veterans have about VA loans, preventing them from enjoying their benefits.