What Are VA Loans?
A VA loan is a mortgage offered through the U.S. Department of Veterans Affairs (VA). VA loans are designed to make it easier for active-duty military, veterans, and surviving military spouses to purchase homes with little to no down payment. There is also no private mortgage insurance requirement.
VA Loan Eligibility Requirements
- You must be either a serving member of the military or National Guard, a veteran, or a surviving spouse of a veteran.
- A VA Certificate of Eligibility (COE).
- The VA doesn’t set a minimum credit score to qualify for a VA loan, but your lender must deem you a satisfactory credit risk.
- Proof of income.
- Your debt-to-income ratio should not be more than 41%.
Get Started on Your VA Loan
We can help you figure out if you’re qualified for a VA loan. Give us a call for a free consultation and next steps.
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Get a Mortgage That’s Right for You
Home loans offered include fixed and adjustable rate options, FHA, VA, USDA mortgages and more.
Interest rates vary between loan types and we offer a variety of closing cost options to fit your needs.
FHA Loan
FHA loans help low-income and medium-income earners buy a home. You can access the loan with a low credit score and as little as 3.5% down.
VA Loan
VA loans help active members of the military, veterans and surviving military spouses purchase their primary residence. You don’t need a down payment to qualify.
Conventional Loan
A conventional loan can help you purchase a property without having to save for it in cash. We can help you find out if you are qualified.
