VA Loan Benefits
VA Loan Benefits

VA Loans can benefit eligible borrowers in the following ways:

  • Low interest rates
  • No down payment
  • $0 Lender Fee* offer, an average savings of $2,500**
  • Limits on the amount of closing costs
  • Some flexibility on qualification guidelines
  • Both fixed and adjustable interest rate options

What should I know about a VA Loan?

Guaranteed by the government, VA loans are an option for service members, veterans, surviving spouses, and a number of other individuals who meet the eligibility requirements set by the Department of Veterans Affairs. They are among the few programs that can offer the option of 100% financing (no down payment).

VA loans can be used to purchase a home or refinance an existing loan. They also offer cash-out options that can provide funds to pay debt, make home repairs or improvements or finance a major expense. Your Mortgage Loan Originator can explain all the unique features and options available through a VA home loan.

Is a VA Loan an Option for you?

You may want to consider a VA Loan when you:

  • Meet the eligibility requirements established by the U.S Department of Veterans Affairs
  • Want a loan program that has a low or no down payment option
  • Want a low down payment and no monthly Private Mortgage Insurance (PMI) requirements

Let’s get started

Applying for a loan is easy. It only takes 10 minutes to get pre-qualified. Start an Application