Real estate company

Real Estate Company Provides Housing Finder Help for Arizona Veterans

PHOENIX (3 On Your Side) – Tech-based real estate company Homie wants to help veterans find a place to call home.

“As we’ve seen in Arizona, the median home price continues to skyrocket and as a result many families no longer own homeowners and we’re also seeing a similar effect in the rental market,” Elias said. Benjelloun, Social Impact Manager at Homie.

On Thursday, November 11, Homie is teaming up with several nonprofits to ensure veterans have the information they need to start a housing search and learn about the benefits they may be eligible for. Anyone can participate in the United for Veterans Homeownership webinar, which is scheduled from 10:00 a.m. to 11:30 a.m. Arizona time. Benjelloun says there is a critical need for information for veterans who are faced with questions about eviction assistance, homelessness prevention and home ownership.

“Veterans have the option of participating in the VA Loan, which is a special loan program that makes it much easier for veterans to purchase a home,” said Benjelloun. “But not all veterans know about this resource and there are quite a few veterans who still have housing issues.”

According to data from the US Department of Veterans Affairs, there were nearly 59,000 VA home loans in Arizona this year. The average amount of these loans in the state is around $ 295,000, which is slightly lower than the national average VA loan amount of $ 310,000.

The benefits of VA home loans include no down payment requirements, competitive low interest rates, limited closing costs, and no need for private mortgage insurance, also known as PMI, according to the Department of Veterans Affairs. .

Copyright 2021 KPHO / KTVK (KPHO Broadcasting Corporation). All rights reserved.

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