Nebraska

Welcome to Nebraska

Nebraska, known as the Cornhusker State, offers a mix of vast open plains, rolling hills, and bustling cities. With its rich agricultural roots and vibrant communities, Nebraska provides a welcoming environment for families and veterans alike. The state prides itself on its strong sense of community, affordable cost of living, and access to excellent educational institutions.

Nebraska’s economy thrives on agriculture, manufacturing, and transportation. Cities like Omaha and Lincoln offer urban amenities while maintaining a small-town feel. The state’s commitment to supporting veterans through housing, financial assistance, and employment benefits makes it an attractive destination for those who have served. Whether you're drawn by the peaceful rural landscapes or the opportunities in thriving cities, Nebraska has much to offer.

Major Nebraska Cities

Nebraska’s major cities blend historical charm with modern conveniences. Omaha, the largest city, is known for its cultural attractions, job opportunities, and vibrant nightlife. Lincoln, the state capital, boasts a dynamic arts scene and is home to the University of Nebraska. Other key cities like Grand Island and Kearney serve as economic and cultural hubs for surrounding regions.

Quick Links To Other City Pages

Lincoln

Omaha

Veteran Benefits in Nebraska

Nebraska provides numerous benefits to veterans and their families, enhancing their quality of life and honoring their service. From financial assistance and tax breaks to housing options and educational benefits, the state ensures veterans have the resources they need to thrive.

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Nebraska's Military Presence

Nebraska plays a critical role in the nation's defense infrastructure, hosting several key military installations that support operations and national security efforts. These bases provide employment opportunities, training, and a strong community for active-duty personnel and veterans alike.

• Offutt Air Force Base: Located near Omaha, Offutt AFB is home to the U.S. Strategic Command (USSTRATCOM), the 557th Weather Wing, and the 55th Wing of the Air Combat Command. It serves as a vital hub for intelligence, surveillance, and reconnaissance missions. :contentReference[oaicite:0]{index=0}
• Nebraska National Guard Headquarters: Based in Lincoln, the Nebraska National Guard plays a critical role in both domestic response and overseas deployments, ensuring readiness and support for state and federal missions. :contentReference[oaicite:1]{index=1}
• Camp Ashland: Situated near Ashland, this Army National Guard facility serves as a primary training site for the Nebraska National Guard and other military units. It hosts the 209th Regimental Training Institute, providing leadership and specialized training courses. :contentReference[oaicite:2]{index=2}
• Greenlief Training Site: Located near Hastings, this site offers additional training grounds for National Guard units, supporting a variety of military exercises and readiness programs. :contentReference[oaicite:3]{index=3}
• Nebraska Army National Guard Armories: Armories in cities such as Kearney, Norfolk, and Scottsbluff serve as bases for National Guard units, providing facilities for training, administration, and community engagement. :contentReference[oaicite:4]{index=4}

Nebraska VA Loan Requirements

VA loan requirements in Nebraska follow federal guidelines, ensuring veterans and active-duty personnel can secure favorable home financing options. Eligibility is determined by service history, discharge status, and property usage.

To qualify for a VA loan, you typically need to meet one of the following service conditions:

• 90 days of active service during wartime
• 181 continuous days of active service during peacetime
• 6 or more years of service in the National Guard or Reserves
• Unremarried surviving spouse of a servicemember who died in the line of duty or due to a service-connected disability

Additional conditions include:

• Funding Fee: A one-time fee that varies by down payment and service category. Some veterans may qualify for fee reductions or exemptions.
• Occupancy Requirement: Veterans must occupy the home within 60 days of purchase, with certain exceptions.
• Primary Residence Use: VA loans are intended for primary residences, not investment properties or vacation homes.

Nebraska VA Loan Limits

VA loan limits in Nebraska generally align with federal standards, though higher limits may apply in some counties. In 2023, the standard loan limit was $766,550, but veterans with full entitlement can borrow above this without a down payment.

VA Loan Entitlement in Nebraska

VA loan entitlement determines how much the VA guarantees. There are two main types of entitlement:

• Full Entitlement: No cap on borrowing, allowing veterans to purchase homes without a down payment, as long as the lender approves the loan amount.
• Remaining Entitlement: Applies if a veteran has an active VA loan or has used entitlement before. Additional down payments may be required if loan limits are exceeded.

Speak with a Loan Officer to better understand your entitlement and loan limits.

VA Loan Rates in Nebraska

Mortgage rates for VA loans in Nebraska can vary depending on market conditions, credit scores, and lender-specific policies. VA loans typically offer lower interest rates compared to conventional loans because of the VA’s backing, providing veterans with favorable borrowing terms. This makes VA loans an attractive option for those seeking to purchase or refinance a home in Nebraska.

Types of VA Mortgage Programs in Nebraska

• VA Purchase Loan: Designed to help veterans and service members purchase homes at competitive interest rates, with no down payment required in most cases. Fixed and adjustable-rate options are available, catering to different borrower needs.
• VA Cash-Out Refinance Loan: Allows veterans to refinance their existing home loan and take out cash from their home’s equity. This option can be used to pay off debt, fund home improvements, or cover other expenses.
• VA Interest Rate Reduction Refinance Loan (IRRRL): Commonly referred to as a VA Streamline Refinance, this program offers a simplified way to refinance an existing VA loan, often with reduced paperwork and faster approval times. The goal is to lower the borrower's interest rate and monthly payment.

How to Get a VA Loan in Nebraska

Applying for a VA loan in Nebraska involves several key steps to ensure veterans receive the benefits they’ve earned. Here’s how the process typically works:

1. Apply for a Certificate of Eligibility (COE): The COE verifies that you meet the VA’s service requirements for loan eligibility. Your lender can often assist you in obtaining this document quickly through the VA’s online portal.
2. Choose a VA-Approved Lender: Work with a lender experienced in handling VA loans. They will guide you through the process and explain the various loan options available to you.
3. Find a Home: Partner with a real estate agent familiar with VA loan requirements. They can help you locate properties that meet VA standards and negotiate favorable terms.
4. Home Appraisal: The VA requires an appraisal to determine the fair market value of the home and ensure it meets the agency’s minimum property standards. This step helps protect both the borrower and lender.
5. Loan Approval and Closing: Once the appraisal and underwriting process are complete, the lender will finalize the loan and set a closing date. After closing, you can move into your new home.

By following these steps, veterans can successfully navigate the VA loan process and secure a home that meets their needs in Nebraska.

Real Estate in Nebraska

Nebraska offers a diverse real estate landscape, catering to urban dwellers, suburban families, and those seeking the tranquility of rural life. From the bustling metropolitan areas of Omaha and Lincoln to the peaceful surroundings of Scottsbluff and Kearney, Nebraska presents housing options that fit a range of budgets and preferences. The state's steady economy, affordable housing market, and veteran-friendly benefits make it an appealing place for service members and their families to call home.

Nebraska's housing market has maintained relative stability, providing opportunities for growth and investment. Communities across the state continue to develop, offering new construction homes and revitalized historic properties. With programs like property tax exemptions and homestead benefits for veterans, Nebraska is committed to making homeownership more accessible for those who have served. Whether you're looking for a home close to VA medical facilities, employment hubs, or family-friendly neighborhoods, Nebraska offers a welcoming environment for veterans and military families.