Jun 28th 2011 6:06PM
In 2004, Scott was living in Charleston, S.C., and getting tired of the renter's grind. So after looking into his homebuying options, he decided to apply for a mortgage through the U.S. Department of Veterans Affairs.
For a roving Coast Guardsman like Scott Dow, renting was a way of life. But after 21 years of service, Scott knew it was time for a change.
And thanks to the unique perks afforded to veterans through the VA loan program, he was able to not only buy his first home, but also trade up for an even better property.
VA loans are guaranteed by the Veterans Affairs office and provide qualified servicemembers with several perks that civilian buyers don't have. For instance, buyers who qualify for VA loans are not required to pay a down payment at closing, nor do they have to pay...