Loan programs

VA Loans

A VA loan is a mortgage program available to eligible U.S. military service members, veterans, and certain surviving spouses. VA loans offer some of the strongest homebuying benefits available, including no down payment and no monthly mortgage insurance.

Why People Choose a VA Loan

Unbeatable benefits for those who served.

VA loans typically offer:

  • No down payment required
  • No monthly mortgage insurance (PMI/MIP)
  • Competitive interest rates
  • Flexible credit and income guidelines
  • Lower overall monthly payments

VA loans make homeownership more affordable for eligible borrowers.

Down Payment

VA loans do not require a down payment.

You can finance 100% of the purchase price with no penalty or extra cost for doing so.

Eligibility Requirements

A VA home loan must be used to finance your personal residence within the United States and its territories. To qualify for a VA loan, you must meet service requirements set by the Department of Veterans Affairs. Typically, buyers qualify if they are:

  • Active-duty military
  • Veterans who served the required time
  • National Guard or Reserve (with qualifying service)
  • Certain surviving spouses

A Certificate of Eligibility (COE) is required, and I can help retrieve it for you.

VA Appraisal & Property Requirements

VA loans require the property to meet basic safety, sanitation, and structural standards.

The VA appraisal checks for:

  • Working utilities
  • Safe heating/cooling
  • Sound roof and structure
  • No major safety hazards

Most standard homes pass easily.

VA vs Conventional

VA may be better if you:

  • Are eligible based on military service
  • Want zero down payment
  • Want no monthly mortgage insurance
  • Want the lowest possible payment

Conventional may be better if you:

  • Are purchasing a non-VA eligible property
  • Have high credit and want more flexibility with loan structure
  • Want to avoid the VA funding fee (if not exempt)

I’ll show you both options so you can see which gives you the best overall costs.

VA IRRRL (Streamline Refinance)

If you already have a VA loan, the Interest Rate Reduction Refinance Loan (IRRRL) offers:

  • No appraisal in most cases
  • Minimal documentation
  • Lower interest rate potential
  • Quick, simple process

This is one of the easiest refinance options available.