VA Home Loans
Overview
VA loans, backed by the U.S. Department of Veterans Affairs, are one of the best mortgage options for veterans and active-duty service members. With no down payment and no monthly mortgage insurance, VA loans make buying a home more affordable.
Key Features
✔ No down payment requirement
✔ No private mortgage insurance required
✔ Fixed-rate and adjustable-rate options
✔ Available for first-time and repeat homebuyers
✔ Variety of eligible VA-approved property types
Eligibility & Guidelines
✔ Veteran who meets Active-duty service member with qualifying service.
✔ Member of the National Guard or Reserves with qualifying service.
✔ Surviving spouse of a Veteran, in certain situations.
Ideal For
✔ Borrower with a valid Certificate of Eligibility, also known as a COE.
✔ Borrower who meets lender requirements for credit, income, employment, and ability to repay.
✔ Borrower purchasing or refinancing an eligible property.
✔ Borrower who intends to occupy the home as a primary residence, when required.