0% Down!
With VA loans, military service members are in the unique position to build equity through real estate at a lower cost than non-military homebuyers.
About VA Loans
VA loans are backed by the U.S. Department of Veterans Affairs (VA), and they provide affordable mortgage options by easing some of the financial burdens associated with buying a home. VA loans are available to active-duty personnel, veterans, National Guard/Reserves, and surviving spouses and offer favorable loan terms including zero down payment, no private mortgage insurance, and competitive interest rates. Since it was established in 1944, the VA mortgage program has helped millions of service men and women become homeowners and build a stable financial future.
Provided by the U.S. Department of Veterans Affairs, this program allows lenders to issue financing with more flexible eligibility standards and repayment plans.
VA Loan Advantages
VA loans come with several unique advantages that are designed to help military service personnel and their families become homeowners.
Eligible VA loan applicants get the benefits of zero down payment requirements, lower credit score minimums, comparatively lower interest rates, and other purchasing perks that can only be accessed with a VA loan.
VA loans offer generous terms compared to other mortgages and even to other federal loan programs. These benefits include:
VA Loan Requirements
Veterans are required to pay a funding fee at closing that will range from 2.15% to 3.3% of the loan amount depending on whether the veteran has used their VA benefit before to purchase a home. This is financed directly into the total loan amount and is not required out-of-pocket.
End of Watch Loan Protection
Police Mortgage VA Loans qualify for End of Watch Loan Protection, a special debt cancellation benefit created exclusively for active, full-time First Responders.
For First Responders Who Are Second To None!
Contact us to learn more about our End of Watch Loan Protection.
