VA Home Loans

The VA Loan provides veterans with a federally guaranteed home loan which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.  

The Veterans Administration provides insurance to lenders in the case that you default on a loan. Because the mortgage is guaranteed, lenders will offer a lower interest rate and terms than a conventional home loan. VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties.

VA home loans are available to military personal that have either served 181 days during peacetime, 90 days during war, or a spouse of serviceman either killed or missing in action.  Some program highlights are:

  • No monthly mortgage insurance
  • Lower mortgage rates than regular home loan programs
  • NO money down home financing for single family homes
  • 90-100% cash out refinancing for debt consolidation or other important reasons
  • no appraisal required when refinancing for lower rate

 

Contact us today or start a secure on-line application to see if you qualify for VA home fiancning.  

APPLY FOR A LOAN