There are many valuable benefits available for the heroes who have served our country. One major advantage includes special home financing just for veterans. According to an article from Keeping Current Matters, “For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.”

VA Loans reward veterans for their service and sacrifice on behalf of our country in a number of ways. Let’s take a look at some benefits and find out who is eligible.

What is a VA Loan?

Veteran’s Administration of “VA” loans are a special type of home mortgage reserved for active, non-active, and retired Army, Air Force, Marine, Navy, National Guard and Coast Guard vets who meet the established service requirements. These home loans are guaranteed by the U.S. Department of Veterans Affairs and offered by participating approved lenders, like Greenway Mortgage.

VA Loans help those that are eligible realize their home buying dreams and help existing VA homeowners with money-saving refinance options. The interest rates on VA Loans can be better than other conventional loans.

Take a Look at some VA Loan Advantages here:

  • 100% financing/No down payment
  • No monthly mortgage insurance (PMI)
  • Gift funds acceptable for closing costs
  • No cash reserve requirements
  • A variety of terms or loan types available
  • Available for purchase and refinance
  • Reduced costs for disabled veterans
  • Seller can pay for closing costs
  • Seller pays for any required repairs
  • No pre-payment penalty

Who is Eligible for a VA Loan?

  • Active-duty military
  • Veterans
  • Reservists and members of the National Guard
  • Some surviving spouses of veterans
  • Eligibility requirements, exclusions and other terms and conditions apply. Click here to learn more.

To determine your ability to participate in this program, just provide your Certificate of Eligibility (COE) or your Discharge/Separation form (DD214). If you do not have your COE, you can request one using form 26-1880.

Reach out using the contact info below, and we’ll be happy to explain the details and answer any questions.

The Fed kept policy rates unchanged at this month's meeting, but more officials forecast rate increases in 2023. The markets' response to Fed comments pressured rates higher.

Inflation concerns grew this week, as May's producer prices rose at their fastest annual clip in nearly 11 years. Inflation increases are bad for mortgage rates, pushing them higher.

Jobless claims continue to come in closer to what economists consider a normal range, a sign that the labor market continues to improve despite high continuing claims numbers.


Homebuilder sentiment was down slightly in June from recent highs, as builders struggle with higher costs and declining availability of lumber and other building materials.

Housing starts rose 3.6% to a seasonally adjusted annual rate of 1.572 million units last month, supported by an acute shortage of previously owned homes available for sale.

The current hottest home outdoor amenity is a pool. Inground pools are in high demand, causing longer waits and higher prices for homeowners on a quest to create a staycation oasis.



Consumer prices were up 5% year over year in May, the fastest pace since August 2008. Prices are rising as a rush of demand meets shortages in materials and labor.

The core inflation rate, which strips out food and energy prices, rose 3.8% annually, the sharpest increase in nearly three decades due to last year's pandemic-related shutdown.

The labor market recovery continues to gain steam. Unemployment claims fell for the 6th straight time last week, hitting the lowest level in nearly 15 months.



Homeowner equity has more than doubled over the past decade, according to CoreLogic. Home prices were up 11% in March and 13% in April, the sharpest gains since 2006.

More than 21,000 homes are going up in a new California community that will be the largest net-zero carbon emissions community in the nation, according to the developer.

Purchase mortgage application volume was essentially flat last week. Overall applications fell, with refinance applications down 5% for the week and 27% year over year.


Whether it’s a quick refresh or getting your house ready to be listed for sale, making changes doesn't have to be a big project, sometimes simple updates can go a long way. 

Here are 5 ways to add curb appeal to your home without breaking the bank. 

  1. Painting your front door 

  2. Planting a tree or adding flower boxes 

  3. Add potted plants for symmetry 

  4. Changing your mailbox

  5. Adding furniture

#1 | Brighten up the outside of your home by adding some color to your door. This simple trick helps draw people in and creates that “standout” factor. Not only will this be inviting for guests but can also help them easily find you and they will instantly feel welcomed. 

#2 | We all know a house or two in our neighborhood that makes us stop and stare because of how beautiful their tree or flower boxes look from afar. What if that house was yours? Nothing ties in the outside of a home better than an arrangement of tree or a couple of flower boxes. 

#3 | If trees and flower boxes are too big of a change, perhaps adding potted plants on either side of your door can help do the trick. This creates symmetry between the two sides and the illusion of formality and a wider entryway. 

#4 | When it comes to creating curb appeal, the last thing on your mind might be upgrading your mailbox, but this is a simple yet effective way to do just that. Adding a little character and charm can be as simple as changing out that old mailbox for a new one. 

#5 | Adding furniture is another great way to create curb appeal. Not only does this make the front of your home look amazing, but on those warm days, you can take refuge right in front of your home. 

Any or all of these additions can make for a fun project that will add value and create a home you're proud of.

Are you excited about the thought of owning your own home, but short on funds? Perhaps rising home prices are stopping you from the dream of homeownership.

If you’re searching for ways to make buying your first home a reality without having to come up with 20% for a down payment; you’ve come to the right spot. Intrigued?

Different loan programs come with their own perks, and this one is no exception. With Greenway’s No Money Down FHA Loan, qualified homebuyers can get 100% financing towards the purchase of a new home. That’s right, no money down. You don’t even need to be a first-time buyer to qualify.

Here’s what you need to know about our No Money Down FHA Loan:

Program Details:

  • Receive up to 5% of the purchase price towards down payment and closing costs
  • 100% Financing; 0% Down Payment 
  • No first-time buyer restrictions

The Fine Print:

  • Approved counseling required
  • Income limit: 115% of median income for the county
  • Minimum credit score 620
  • 5% second lien forgivable after 120 consecutive, on-time payments
  • Available in NJ, PA, CT, MD, DE, NC & FL (1-2 units only)

Being unable to fulfill a down payment requirement is no longer a reason to stall your dreams of homeownership. If you’re ready to begin the home-buying process, we have options! Our knowledgeable loan experts are ready to help you make your homeownership dreams a reality.

Reach out to one of our experts to learn more about the No Money Down FHA Loan or click here for more information.  And be sure to check out additional resources on our blog, “How Much Do You Know About Down Payments”.


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