AFFORDABLE HOME LOANS FOR THOSE WHO SERVE OUR COUNTRY
Are you a veteran or currently serving our country? If so, the VA home loan is designed to boost your access to homeownership by providing fixed-rate mortgages at an affordable cost. It is available to qualified veterans, active-duty service members and reservists. Spouses of military members who died while on active duty or as a result of a service-connected disability may also apply.
You may use a VA-guaranteed loan to buy a home as a primary residence or refinance an existing mortgage loan.
Benefits to a VA Mortgage Loan:
- Equal opportunity for all qualified veterans
- 100% financing option available
- No down payment required*
- No income limits
- No mortgage insurance**
- Minimum property requirements
- Lower average interest rates than other loan types
*No down payment unless required by the lender or the purchase price is more than the reasonable value of the property. Also, does not cover cash to close items. Not all borrowers will qualify.
**Ask your mortgage consultant about monthly mortgage insurance alternatives.