VA updates home loan benefits to help veterans buy homes in difficult markets

Buying a home is more complex and expensive than it has been in many years. Interest rates and home prices are high, and inventory is just starting to slowly grow. To help eligible veterans and active-duty service members combat these barriers, the VA is adjusting some of its rules.

Temporarily, those using VA loans can use their VA-guaranteed home loan benefits to cover real estate buyer-broker fees. Previously, this benefit could not cover these costs. This new rule adjustment starts August 10, 2024.