How to Buy a Home with $0 Out of Pocket Using Your VA Loan

Can you really buy a home with no money out of pocket and walk away from the closing table with your deposit refunded?
Yes - and I'm going to show you exactly how it works, especially in today's market.

If you're looking for smart, real-world tips on using your VA benefits, hit like, subscribe, and tap the bell. I break everything down in simple, everyday terms - no jargon.

Hey, I'm Alex Ramirez, and I help military veterans and service members use their VA loan to build wealth, buy smart, and avoid common mistakes.

Buy a Home with $0 Out of Pocket

Here's how you can walk into a home with no down payment, no money out of pocket, and even get your deposit refunded.

The VA loan already allows zero down payment, which is huge - but there are still closing costs involved when buying a home. These include:

• Taxes

• Insurance

• Appraisal

• Title and escrow fees

These typically run between 2 - 5% of the purchase price, depending on location and loan size.

The Strategy: Negotiate Seller Credits

It's all about the negotiation.
Work with a skilled real estate agent who knows how to negotiate seller credits.

In a buyer's market - which we're in right now - sellers are much more willing to make deals. Ask your agent to negotiate for the seller to pay some or all of your closing costs.

This is called a seller credit, and it can cover:

• Title and escrow fees

• Lender fees

• Prepaid taxes and insurance

• Even, in some cases, the VA funding fee

The seller credit can even be applied to certain debts, depending on the loan scenario. When done right, this can reduce your out-of-pocket cost to almost nothing.

Earnest Money Deposit and Refund Strategy

You'll still need to put down an earnest money deposit - typically 1 - 3% of the purchase price - to show the seller you're serious.

Here's the key:
If your seller credit fully covers your closing costs, your earnest money deposit gets refunded at closing.

That means after you sign final documents, you'll get a check or wire transfer back from escrow for your deposit amount.

When This Works Best

This strategy works best in a buyer's market - when there are more listings than buyers.
In this kind of market, sellers are motivated to negotiate because homes are sitting longer.

Example:

• Home price: $400,000

• Earnest deposit: $6,000

• Closing costs: $9,000

• Seller credit: $9,000

At closing, the seller credit covers all closing costs. Your $6,000 deposit is applied and refunded - meaning you bought a home with $0 out of pocket.

Final Tips

• This strategy is harder to use in a hot seller's market, but right now, many veterans are doing this successfully.

• It takes the right team, good timing, and strong negotiation, but it's absolutely possible.

Free Strategy Call

If you want to use this strategy to buy a home with your VA loan, reach out - I'd love to help.

You can:

• Schedule a time with me using my Calendly link

• Email me directly

• Or message me on Instagram @lexlender805

Yes, you can buy a home with no money out of pocket when you use your VA loan the smart way.
You've earned this benefit - now let's maximize it and make it work for you.

 

WATCH THE ENTIRE VIDEO HERE: