Arizona Real Estate License Practice Exam 2025 – All-in-One Resource to Pass with Confidence!

The required down payment by the VA on a non-graduated payment guaranteed loan is zero percent. This means that eligible veterans and active duty service members can finance 100% of the home's purchase price without the need for a down payment. The VA loan program is designed to help veterans achieve homeownership without financial barriers, making it more accessible and affordable.

This zero down payment benefit is one of the significant advantages of VA loans compared to conventional loans, where down payments typically range from 3% to 20%. The lack of a down payment requirement not only eases the financial burden on veterans but also allows them to utilize their savings for other essential expenses such as closing costs, home improvements, or emergencies.

While other options suggest some level of required down payment, they do not apply to VA loans for eligible borrowers, reinforcing the unique benefit this program offers to help military personnel secure housing.