When one considers the potential relocation to Idaho for employment with Idaho National Laboratory (INL), it is not unusual to feel a mixture of excitement and apprehension. Finding housing, relocating to a different state, and acclimating to a new community can all present difficulties. Nevertheless, veterans and active-duty military personnel have access to VA Loans in conjunction with InterWest Mortgage, which provide a distinct benefit by facilitating the transition.
What is a VA Loan
VA Loans are intended to assist veterans, surviving spouses, military service members, and those who have acquired, built, restored, retained, or altered a residence for personal use with financial assistance.
In the realm of residential financing, where numerous loan options coexist, VA loans stand out as an unwavering support system for our esteemed veterans. These loans, which are guaranteed by the United States Department of Veterans Affairs, provide numerous benefits and prospects to individuals who have devoted their lives to the service of our country. The VA home loan was established by the United States government in 1944 to assist returning service members in purchasing a property without requiring a down payment or a high credit score.
Veterans, Idaho communities, and the INL
The U.S. Department of Labor has recognized Idaho National Laboratory with a 2022 HIRE Vets Medallion Gold Award in recognition of the organization’s efforts to recruit, retain, and give veterans opportunities for professional growth. In 2022, INL became the first to receive this honor. In order to qualify for the award, INL needed to meet requirements for professional development opportunities, employee resource groups, organizational commitment to veterans’ initiatives, and at least 7% veteran hire and 75% veteran retention.
While assisting the nation in resolving energy and security issues is INL’s principal objective, INL is equally dedicated to the prosperity of local communities and the achievement of educational endeavors. INL’s expansion as a laboratory benefits the entire state of Idaho and our local community.
INL, a significant economic contributor to Idaho, and had a far-reaching influence on its native state. Influences of both Idaho and INL are immense, ranging from 2,444 degrees earned from Idaho colleges by lab employees to $251 million in subcontracts with organizations based in Idaho. The primary objective of the clean energy, grid resilience, cybersecurity, and advanced materials research conducted at Idaho National Laboratory is to ensure that future generations are able to appreciate the state’s mountains, trout streams, ski hills, and, arguably most importantly, its people and quality of life.
Benefits from InterWest Mortgage
VA loans help veterans achieve their goals and build stable futures by providing them with easily accessible and affordable homeownership options. InterWest Mortgage’s VA loans are trusted partners who accompany veterans on their path, directing them in the direction of stability and prosperity and allowing them to realize their ambition of becoming Idaho homeowners. An in-house certified VA mortgage underwriter is available to execute VA loans considerably faster than our competitors, making veterans of the military in the Idaho Falls region able to obtain VA loans quickly and without hassle, making Interwest Mortgage the right choice.