VA Home Loan

A powerful lending program for eligible vets.

The Veterans Administration (VA) offers one of the most flexible loan programs for eligible* veterans. No-down-payment financing is available for conforming loans (of $453,099 or less).

Debt-to-income ratios are also flexible and include consideration for geographic location, family size, and residual income. VA loan limits do vary by county, and there are higher loan amounts available.

 

Pros:
  • A down payment is not required. Closing costs and pre-paid items do apply. Contact us for details.
  • There is no mortgage insurance requirement.
  • Qualifying conditions are less stringent.

 

Cons:
  • A VA funding fee is required.
  • VA loans are for purchases of primary residences only.

 

*For information on how to secure a Certificate of Eligiblity (COE), visit here.

 

Interested in this loan?