VA Home Loan

Did you know you may qualify for a zero down VA Loan based upon your annual income and credit?

The VA offers home loan guaranty benefits to Service Members, Veterans, and eligibile surviving spouses to help you buy, repair, retain, or adapt a home for your own personal occupancy. VA Home Loans are provided by private lenders, such as banks and mortgage companies. The VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

Main Pillars of the VA Home loan benefit

Different Types Of Loans

Purchase Loan

Helps you purchase a home at a competitive interest rate often without requiring a down payment or private mortgage insurance. 

Native American Direct Loan
N.A.D.L.

Is eligible to Native American Veterans finance the purchase, construction, or improvement of homes on Federal Trust Land or reduce the interest rate on a VA loan.

Interest Rate Reduction Refinance Loan
I.R.R.R.L.

Also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan.

Cash Out Refinance Loan

Cash Out Refinance loans allow you take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.

Foreclosure Avoidance Assistance

The VA provides financial counseling to help Veterans avoid foreclosure during periods of financial difficulty.

Adaptive Housing Grants

Helps Veterans with a permanent and total service connected disability purchase or build an adapted home or to modify an existing home to account for their disability.

State Resources

Many states offer resources to Veterans including propery tax reductions to certain Veterans.

Advantages Of A VA Loan

No Down Payment

Veterans who qualify put nothing down.

Lower Payments

No private mortgage insurance means lower monthly payments.

1st Time Buyers

Lower credit standards and no down payment gives advandtages for first time home buyers.

Easy To Qualify

The VA Loan Program helps Veterans and service members who might struggle to secure conventional financing.

How it works?

Step-1

Apply for your VA-backed home loan Certificate of Eligibility. (COE)

Step-2

Look at your current finances.

Step-3

Choose a lender.

Step-4

Choose a real estate agent.

Step-5

Shop for a home. 

  • No down payment required**
  • Competitively low interest rates
  • Limited closing costs
  • No need for Private Mortgage Insurance (PMI)
  • The VA Home Loan is a lifetime benefit
  • You may use the guaranty multiple times
    **Lenders may require down payments for some borrowers utilizing the VA Home Loan guaranty, but the VA does not require a down payment.
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