‘I Still Don’t Believe It’: Va. Man Shares Tips on Buying His First Home

‘I still don’t believe it’: Va. man shares tips on buying his first home

Amanuel Gebre, right, and his father after he signed a deal for his first home on Sept. 10, 2024. (Courtesy Amanuel Gebre) Amanuel Gebre, right, and his father after he signed a deal for his first home on Sept. 10, 2024. (Courtesy Amanuel Gebre) Buying a home for the first time in this unpredictable D.C. area market can be challenging, but the uncertainty of the market could present an opportunity for first-time homebuyers. The layoffs, spawned…

I bought a house using a VA loan, becoming the only family member to own a home. I feel guilty that my siblings never will.

The author bought his home using a VA loan.Grace Cary/Getty ImagesI bought my first house in 2006, using a VA loan, and then eventually refinanced.I'm lucky to be a homeowner, especially with a 2.6% interest rate.I also feel guilty that none of my siblings can afford to do the same.Growing up, I always had one goal: homeownership. I wanted a house that I could call my own.In 2006, I bought my first home using a VA loan at a 6.25% interest rate. …

VA provides 1,754 home purchase loans in Illinois in Q4 2024

There were 1,754 VA home purchase loans issued in Illinois in the fourth quarter of the fiscal year 2024, totaling $553.8 million, according to figures provided by the Veterans Affairs Home Loans Index.The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.…