Veterans Affairs (VA)
A VA Loan is a government-sponsored mortgage backed by the U.S. Department of Veteran Affairs (VA) and offered through VA-approved lenders. It is available to all active-duty military, Veterans, reservists, National Guard, and surviving military spouses.
The most notable benefits of the VA Loan include no down payment, no mortgage insurance, flexible underwriting requirements, streamlined refinancing, and often a lower-than-average interest rate.
Loan Program Details
- 100% financing – No Downpayment Required! (Unless required by the lender, the purchase price is more than the reasonable value of property or to meet the 25% VA Guaranty)
- No Mortgage Insurance
- Relaxed credit standards; no monthly cash reserves required
- Seller contributions allowed up to 4%
- Surviving spouse of deceased veteran may be eligible
VA loan programs we offer:
- Interest Rate Reduction Refinance Loan (IRRRL)
- Hometown Heroes
- Cash Out Refinance
- Condo
We’ve made applying for a VA Loan easy. To start your loan application and get preapproved click here, to find a local loan officer click here.
