Dennis I did not hear the show but Dave hates 30 year mortgages with a passion and many VA loans are 30 years and involve no down payment. Not great for building equity (ala Dave) but nice for affordability and cash to close. If this is beast 1989's first home loan odds are he won't have it long enough to build a lot of equity anyway.I rarely listen to Dave Ramsey’s radio talk show but had it on the other day. One thing I picked up is he said to run away from VA home loans.
I have no idea why, and he didn’t elaborate.
Any insight from a lenders point of view?