If you’re a veteran of the U.S. Armed Forces and you’re settling down in Midland, first things first: We’re glad to have you! This is a wonderful place for you to settle in, whether you’re from here or you’re a transplant. When you leave military service, you’ll find that there are plenty of resources here for you in Midland, including an exceptional VA facility, plenty of wide open space where you can put down some roots, and several local amenities. You can use this guide to get to know the area (or become reacquainted with it if you’ve lived here before).
Your Final Military Move to Midland
When you end your contract with the military, you need to know that there are resources available to you. In Midland, we have several, including our ability to work with you so you can use your VA loan benefit to buy a home here.
Related: The VA loan guide to buying a home in Midland
There are other resources for you here, as well, including:
- The Midland Vet Center (run by the Veterans Administration)
- American Legion
- Veterans of Foreign Wars
Buying a Home in Midland After Leaving the Military
When you leave the military, you may be eligible to use your VA loan benefit. Using a VA loan to buy a home for sale in Midland means that you don’t have to come up with a down payment; you can finance the entire purchase price of a home with this type of loan.
VA loans come with other benefits, too, including:
- No private mortgage insurance (PMI) requirement, even if you put nothing down on the home
- No prepayment penalty, so if you pay off your home before your mortgage term is up, the lender can’t make you pay an additional amount
- Competitive interest rates
- No minimum credit score (although some lenders may have minimums), and lenders must look at your entire financial profile before making a lending decision (not just your credit score)
Search Midland Homes for Sale Here
Are You Buying or Selling a Home in Midland, Texas?
Use our site to search homes for sale in Midland and all of our surrounding areas. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated faster. By creating a property manager account you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:
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