You served. This one’s for you
VA loans are one of the most powerful home financing benefits available to qualified veterans, active duty service members, and their spouses. those who qualify. Guaranteed by the U.S. Department of Veterans Affairs (VA), these loans offer flexible qualification, no private mortgage insurance, and generally do not require a down payment.
Highlights & Benefits
A Lot to Love About VA Loans
100% financing up to the VA loan limit in your area* for eligible borrowers.
Borrow up to $1.5 million for higher-priced homes with a VA loan.*
Save hundreds per month compared to conventional loans. No PMI required.
Closing costs are comparable to, and sometimes lower than, other loan types.
More lenient debt-to-income and credit requirements than conventional loans.
Your buyer can take over your loan when you sell, which is a real advantage if rates rise.
*Loan limits vary by geographic location. Please visit https://www.va.gov/housing-assistance/home-loans/loan-limits/ to check loan limits in your area.
Common Questions About VA Loans
VA loans are available to veterans, active-duty service members, Reserve and National Guard members, and surviving spouses. General requirements include 90 consecutive days of active duty during wartime, 181 days during peacetime, or 6 years in the Reserves or National Guard.
Yes. The Certificate of Eligibility (COE) confirms your service record and entitlement. We'll help you obtain it as part of the loan process, so you don't have to track it down on your own.
Single-family homes, condos, manufactured homes, and multi-unit properties all qualify, as long as the home is your primary residence and passes a VA appraisal for safety and condition.
A one-time fee ranging from 1.4% to 3.6% of your loan amount. Most borrowers roll it into the loan. Some veterans receiving VA disability compensation may be exempt.
Not sure what you can afford?
Run the numbers with our mortgage calculators to get an idea of where you stand.
Consolidation and Refi
Decide whether you should refinance a single mortgage or consolidate a first and second mortgage into a single mortgage.
Mortgage Amortization
Compute a mortgage’s monthly payment amount based on the principal amount borrowed, the length of the loan, and the annual interest rate.
Payoff Calculator
Find out the additional monthly payment you will need to make on your current mortgage to pay it off within a specified number of years.
Refinancing Calculator
See if you should refinance your current mortgage at a lower interest rate.
Renter Affordability Calculator
Estimate the mortgage you could afford from your monthly rent payment, downpayment, potential property taxes, and homeowner’s insurance.
Tax Savings Calculator
Estimate your tax savings from your deductible interest and property tax payments.
Term Comparison Calculator
Compare monthly payments and interest costs of home mortgages at various loan term lengths.
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Ready? Let’s get started
Get in touch with our team of VA mortgage lenders to learn more about the loan option that’s best for you.
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