Thank you for your service. The VA home loan benefit offers 0% down payment, no mortgage insurance, and competitive rates for protecting our nation.
Buy a home with no money down - 100% financing available
Save hundreds per month without private mortgage insurance
Often lower than conventional loans with better terms
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs, designed to help active-duty service members, veterans, and eligible surviving spouses become homeowners. The VA doesn't actually lend the money—approved lenders like us do—but the VA guarantees a portion of the loan, which allows lenders to offer more favorable terms.
This benefit was created in 1944 as part of the GI Bill to help returning WWII veterans. Since then, the VA home loan program has helped millions of service members and veterans achieve the dream of homeownership.
The VA loan offers benefits you won't find with any other mortgage product
Purchase a home with 0% down payment, meaning you can finance 100% of the purchase price. This saves you tens of thousands in upfront costs.
Unlike conventional loans with less than 20% down, VA loans don't require private mortgage insurance. This can save you $100-300+ per month.
VA loans typically have lower interest rates than conventional mortgages because of the government backing, saving you money over the life of the loan.
While most lenders prefer a 620+ credit score, VA loans are generally more forgiving than conventional loans for those with past credit challenges.
The VA limits what closing costs you can be charged, and you can ask the seller to pay up to 4% of the purchase price toward your closing costs.
Your VA loan benefit can be used multiple times. Once you pay off or sell a home, your entitlement is restored for future purchases.
Service requirements vary by duty status and era of service
To use your VA loan benefit, you'll need a Certificate of Eligibility from the VA. Don't worry—we can help you obtain your COE as part of the application process. In many cases, we can verify your eligibility electronically within minutes.
Five simple steps to homeownership with your VA benefit
We'll help you obtain your Certificate of Eligibility from the VA
Complete your application and receive pre-approval
Shop with confidence using your pre-approval letter
The VA appraises the home to ensure it meets standards
Sign documents, get your keys, and welcome home!
See what you can afford with 0% down and no PMI
Estimated Monthly Payment (P&I)
$0
Down Payment
$0
PMI
$0
VA Funding Fee
$0
Savings vs Conv.
$0/mo
*Estimate does not include property taxes, insurance, or HOA fees. VA funding fee is typically 2.15% for first-time use (can be financed).
Get Pre-Approved Now →Most borrowers pay a VA funding fee (typically 2.15% for first-time use, 3.3% for subsequent use). This one-time fee helps keep the program running for future veterans. Good news:
VA loans are for primary residences only and must meet minimum property requirements:
As of 2020, there's no maximum loan amount for veterans with full entitlement:
You must certify that you intend to occupy the property:
Yes! Your VA loan benefit is reusable. Once you pay off your VA loan and sell the property, your entitlement is fully restored. You can even have two VA loans at the same time in certain situations if you have enough remaining entitlement.
Most borrowers pay the VA funding fee, but you're exempt if you receive VA disability compensation, are receiving retirement pay in lieu of disability, or are a surviving spouse. Purple Heart recipients are also exempt. The fee can be financed into your loan amount.
While the VA doesn't set a minimum credit score, most lenders require at least 620. However, VA loans are generally more flexible than conventional loans. If you have past credit challenges, especially due to military service, we can work with you to explore your options.
No, VA loans must be used for your primary residence. However, you can buy a multi-unit property (2-4 units), live in one unit, and rent out the others. This is a great way to start building wealth through real estate while using your VA benefit.
VA loans typically take 30-45 days to close. While some believe VA loans take longer, we've streamlined our process to be competitive with conventional loans. With proper preparation and documentation, we can often close faster.
If the home doesn't meet VA's Minimum Property Requirements, you have options: the seller can make repairs, you can negotiate a lower price, or you can walk away and get your earnest money back. The VA appraisal protects you by ensuring the home is safe and sound.
Still have questions?
View All FAQsYou've served our country. Let us serve you by helping you get the home you deserve with your hard-earned VA loan benefit.