VA Mortgage Loan Programs

VA mortgages are backed by the Department of Veterans Affairs, for eligible active duty military members and veterans, offering favorable terms including no down payment requirement.

VA Mortgage Loan Highlights

• No Down Payment: VA loans do not require a down payment, making it easier for eligible borrowers to become homeowners.
• No Mortgage Insurance: VA loans do not require mortgage insurance, which can save eligible borrowers hundreds of dollars per month compared to other loan types. Be sure to compare the APR when comparing loans so that all costs are included!
• Loan Limits: VA loan limits vary based on the location and type of property, but are generally higher compared to FHA loans. Jumbo VA loans are also available up to $3 Million loan amount!
• Credit Score: VA loans have a more flexible credit score requirement compared to conventional loans, with some lenders accepting scores as low as 500.
• Loan Terms: VA loans are available with 15- or 30-year terms, although other options may be available.
• Streamlined Underwriting: VA loans have a streamlined underwriting process, which allows for quicker and easier approval compared to conventional loans.

VA Loans for eligible active duty military and eligible Veterans have amazing benefits including as low as 0% down payments and no mortgage insurance! If you are a veteran apply now to take advantage of some of the best loan programs available!

Apply via the form below to view all our options get the best rates possible!