What Is a VA Loan?
A VA loan is a $0-down mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs (VA). It is one of the most powerful homebuying tools available, designed specifically to help eligible veterans, active-duty service members, and surviving spouses buy homes.
Thank you for your service. We consider it a privilege to help you navigate this exclusive benefit.
Eligibility
- Active-duty military personnel
- Veterans with honorable discharges
- Eligible surviving spouses
- Must obtain a Certificate of Eligibility (COE)
Key Requirements
- Min. Down Payment 0%
- Mortgage Insurance (PMI) None
- Occupancy Primary Residence Only
- Prepayment Penalty None
Key Benefits
Zero Down Payment
Purchase a home without having to save up a massive down payment.
No Private Mortgage Insurance
Unlike conventional or FHA loans, VA loans never require monthly PMI, saving you hundreds.
Competitive Interest Rates
Because the government backs the loan, rates are often lower than conventional options.
Limited Closing Costs
The VA limits the types of closing costs lenders can charge to veterans.