Buying a home has also been the wiser financial option for a lot of military members and families who would rather pay themselves than give away money by renting and paying someone else’s mortgage.
For those who are seeking to build their own wealth, purchasing instead of renting a home in Guam, utilizing a VA loan, is a favorable choice. With the presence of three U.S. bases—Naval Base in Santa Rita, Anderson Air Force Base in Yigo, and Camp Blaz Marine base in Dededo—as well as the Guam Army National Guard, there are many active and retired veterans who are able to take advantage of this amazing resource.
There are, however, certain details that become important to be aware of before and during the application process. If you're considering renting vs buying a home in Guam or are ready to take the plunge into the island’s fantastic selection of real estate, take a look at what you should know about VA loans.View More