VA Loans
GUARANTEED BY THE U.S. DEPARTMENT OF VETERAN AFFAIRS
The VA loan was created to offer financing to eligible veterans with no down payment.
Benefits:
No down payment required
No mortgage insurance
Streamline refinance loan programs available
Access to low VA mortgage rates
WHO IS ELIGIBLE FOR A VA LOAN?
Veterans
Active Duty Personnel
Current or Former Reservists/National Guard members
WHAT ARE THE BENEFITS OF A VA LOAN?
Purchase a home at a competitive interest rate often without requiring a down payment. Cash Out Refinance options allow you to take out cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.If you have a service-related disability, you may qualify for waived funding fee, reducing closing costs.Borrowers can often refinance to a lower rate within the VA program without prequalifying for the program.You can reuse the benefit.