The Government Will Pay Your Omaha VA Loan Through the BAH Program
Did you know that Omaha, Nebraska active duty veterans receive a Basic Allowance for Housing (BAH) amount which is added to your paycheck to help pay for the cost of housing? The BAH amount you receive is based on the average home price that is located in Omaha and surrounding areas. Omaha active duty veterans can use their BAH amount to pay rent or they can pay a monthly home mortgage amount for a VA home loan. It is almost like the government is paying for your Omaha VA home mortgage.
Since a VA home loan does not require a down payment, out of pocket expenses, or mortgage insurance, making the move from being a renter to a home owner just make a lot of sense. Military members are rewarded for their service through this incredible federally insured home loan program.
In conclusion, Omaha active military members can use their BAH to secure a Nebraska VA home loan without having:
To talk to one of our Omaha, Nebraska VA loan specialist about your basic allowance for housing or BAH, VA home loan eligibility, or the next steps you should take to see what VA home loan is right for you, call us today or fill out our VA Home Loan Quick Form.
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