To be eligible, you must be an active duty service member, veteran, National Guard member, Reserve member, or an eligible surviving spouse.
Yes, you can use your VA Home Loan benefit multiple times, as long as you pay off your previous VA loan and have your entitlement restored.
The VA Funding Fee is a one-time fee required by the VA to help fund the loan program. Some veterans are exempt, such as those receiving disability compensation.
There is no maximum loan amount; however, lenders typically follow county loan limits. The VA guarantees up to a certain amount without a down payment.
No, VA Home Loans do not require a down payment if you have full entitlement, but you may choose to make one to reduce your loan amount.
Benefits include no down payment, no private mortgage insurance (PMI), competitive interest rates, and flexible credit requirements.
VA Home Loans can be used to purchase single-family homes, multi-family homes (up to four units), condos, and certain manufactured homes.
While the VA does not set a minimum credit score, most lenders require a credit score of at least 620.
Yes, you can use a VA Home Loan to refinance your existing mortgage through the VA Interest Rate Reduction Refinance Loan (IRRRL) or a cash-out refinance.
To apply, find a VA-approved lender (like us) and we will help you obtain your Certificate of Eligibility (COE) from the VA, and assist you in organizing necessary financial documents for pre-approval.
To start the process, use our Free Rate Quote tool and a qualified lender will be in touch shortly.
