Hurry & get your VA Loan today!

Hurry & get your
VA Loan Today!

All About VA Loans

When purchasing a home with a loan, buyers have the option to use one of a few mortgage products to finance their purchase. The VA loan allows military service members, Veterans, and spouses in some cases to finance their mortgage with a 0% down payment.

Our VA Rates are low.

Why would a lender allow a home buyer to purchase a home without any sort of down payment? VA loans are backed by the U.S. Department of Veterans Affairs, the VA.

The VA loan program began in 1944 to assist Veterans returning from war in establishing themselves as homeowners. The government believed that these individuals missed out on opportunities to build credit and financial stability that their civilian counterparts had during the war. The VA loan was the benefit that leveled this playing field.

The VA loan has a number of special provisions and circumstances that are designed to protect the home buyer and provide favorable financing terms. Learn more here about the process of determining eligibility, applying for, and using a VA loan or talk with a lender to get started.

What are the benefits of a VA Loan?

0% Down: The “no money down” aspect of the VA loan is one of its most attractive features. This means that qualifying home buyers are able to purchase a home without putting any of their own money down for a down payment using the VA loan. Other loans, such as an FHA loan or conventional loan, require anywhere from 3.5% to 20% or more.

No Private Mortgage Insurance Required: Mortgage products that allow a buyer to finance more than 80% of their purchase (meaning they put less than 20% down as a down payment) often require Private Mortgage Insurance, or PMI. This additional expense is not required when using a VA loan.

Low Interest Rates: Because the VA loan is guaranteed by the government through the Department of Veterans Affairs, lenders are often comfortable offering lower interest rates to buyers. This also makes it easier for buyers to qualify for their loan.

Our VA Loan Process

Here’s how our home loan process works:

  • Complete our simple VA Loan Qualifier
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the mortgage loan offer that best fits your needs

If purchasing a home, you can now start shopping with confidence to find your perfect home.

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