A Loan vs. Conventional Loan: Why Veterans Have a Major Advantage
If you’re a veteran or active-duty military member thinking about buying a home, you may have heard about the VA loan — but you might not fully understand how it compares to a conventional mortgage.
Here’s the truth:
The VA loan isn’t just a small advantage — it’s a game-changer.
In this post, we’ll break down the key differences between a VA loan and a conventional loan — and show you exactly how much you could save.
💥 1. Down Payment Requirements
Most conventional loans require a down payment of at least 5% to 20%. On a $400,000 home, that’s between $20,000 and $80,000 out of pocket — just to get started.
With a VA loan?
You pay $0 down. That means you can buy a home without draining your savings or waiting years to save up.
💸 2. Monthly Mortgage Insurance (PMI)
With a conventional loan, if you put down less than 20%, you're required to pay private mortgage insurance (PMI), which usually costs between $200 and $400 per month.
VA loans have no PMI — ever.
That means you’re saving hundreds of dollars every single month just by using your VA benefit.
💰 3. Closing Costs
Closing costs for most homebuyers range from $8,000 to $12,000. With a conventional loan, you pay those costs out of pocket.
With a VA loan through Veteran Home Advantage, here’s how we get your closing costs down to zero:
We waive all lender fees (saving you $2,000–$4,000)
We negotiate with the seller to cover most or all of your costs
If needed, your agent contributes from their commission to cover any leftover expenses
The result?
You pay $0 at closing.
🪖 4. Who Qualifies for a VA Loan?
You may be eligible if you are:
Active-duty military
A veteran with an honorable discharge
A current or former National Guard or Reservist (with qualifying service)
A surviving spouse of a service member (in certain cases)
If you qualify — don’t let this benefit go to waste.
💼 5. Why Work With Veteran Home Advantage?
At Veteran Home Advantage, we specialize in helping veterans and military families buy homes with:
$0 down
$0 closing costs
No lender fees
No PMI
Our average client saves over $15,000 up front — and we donate a portion of every closing to local veteran charities.
You served our country. Now it’s our turn to serve you — by making homeownership easier, more affordable, and stress-free.
✅ Ready to See If You Qualify?
It only takes 60 seconds to get started.
👉 Click here to start your VA home purchase prequalification
You’ve earned this. Let’s help you use it.
