Fellow Veteran,
Did you know that a disabled Veteran in Minnesota may be eligible for a property tax valuation exclusion?
That’s right Veterans who are totally and permanently disabled (100% T&P) are eligible for a valuation exemption of $300,000; veterans who are not totally and permanently disabled, but who have a disability rating of 70 percent or higher, are eligible for an exclusion of $150,000.
In layman’s terms if you are a Veteran with a 70% permanent disability rating and you own a house worth $150,000 you will owe $0.00 in annual property taxes.
Follow this link for full program details http://www.house.leg.state.mn.us/hrd/pubs/ss/ssdvhve.pdf
If I can be of assistance with the benefits of a VA Home Loan I am here to help. If you know a Veteran trying to buy their first home, or you have mortgage insurance on your current mortgage, a VA Home Loan might be the right option to lower your monthly housing costs.
A VA Home Loan may provide 100% financing up to $417K, at very competitive rates, with no private mortgage insurance.
Even with ‘no money down’ (that’s 100% financing) the VA Home Loan program has the lowest default rate of any mortgage program anywhere.
If you only want help obtaining your Certificate of Eligibility to determine what VA Home Loan benefits you have I can help.
Please don’t hesitate to call or write or share this information with another Veteran that might benefit.
God speed and Semper FI
Owen Riess
—
Owen Riess
Mortgage Loan Officer | USMC Veteran
952.278.3428 NMLS # 543286
www.owenriess.marketplacehome.com
Equal Housing Lender
Owen Riess 