Buying your first home is a big deal—and if you’ve served in the military, you have a powerful benefit that can make the process a whole lot easier: the VA Home Loan. But if you’re new to the world of home buying, navigating the ins and outs of the VA Loan program can feel a little overwhelming.
That’s where we come in.
At Veterans Mortgage Source, we’re here to help you understand your VA loan benefit and make smart, confident decisions every step of the way.
What Is a VA Loan?
The VA Home Loan is a mortgage option backed by the U.S. Department of Veterans Affairs. It’s designed to help active-duty service members, veterans, and eligible surviving spouses become homeowners.
Key Benefits:
- No down payment required
- No private mortgage insurance (PMI)
- Competitive interest rates
- Flexible credit guidelines
“The VA loan is one of the most powerful home buying tools available—especially for first-time buyers.”
Who’s Eligible?
You may be eligible for a VA loan if you meet one or more of the following:
- You’ve served 90 consecutive days of active duty during wartime
- You’ve served 181 days of active duty during peacetime
- You have more than 6 years in the National Guard or Reserves
- You’re the surviving spouse of a service member who died in the line of duty or as a result of a service-connected disability
Not sure if you’re eligible? We can help you find out.
Steps to Buying Your First Home with a VA Loan
1. Get Your Certificate of Eligibility (COE)
This confirms to lenders that you qualify for a VA-backed loan. You can request it online through the VA, or we can help you get it—fast and easy.
Request your COE (Form 26-1880) directly from the VA’s website.
2. Get Pre-Approved
Pre-approval helps you understand what you can afford and shows sellers you’re a serious buyer. It also gives you a clearer picture of your monthly payments and potential closing costs.
Our Free Rate Quote will get you started.
3. Start House Hunting
This is the fun part! Work with a real estate agent who’s familiar with VA loans. Not all homes are VA-eligible, so having the right agent makes a big difference.
Take a look at our Featured Realtors.
4. Make an Offer and Schedule an Appraisal
Once you’ve found “the one,” your lender will order a VA appraisal to ensure the home meets VA standards and is worth the purchase price.
5. Close on Your Home
You’ll sign the final paperwork and get the keys to your new home. No surprise fees, no PMI—just the start of your next chapter.
Tips for First-Time VA Buyers
- Budget for closing costs. Even with $0 down, you may still have to pay for things like the VA funding fee, inspections, and title work.
- Be patient with the process. VA loans can take a little longer than conventional loans, but the benefits are worth it.
- Lean on experienced professionals. Not all lenders and agents understand VA loans—make sure you work with a team that does.
“The right team can turn a stressful process into a smooth, rewarding experience.”
Ready to Take the First Step?
You’ve earned this benefit—now it’s time to use it. Whether you’re just starting to look or ready to apply, we’re here to guide you.
Have questions? Let’s talk. Reach out today and let’s get you home.