Flexible Home Financing for Veterans

Zero Down VA Home Loan

No down payment for qualified veterans.

No monthly mortgage insurance for lower payments.

Surviving spouse of deceased veteran may be eligible.

High balance VA products also available.

Ask about our closing cost credit!

Important VA Facts

Minimum FICO Score: 620

Basic allowance for housing costs allowed towards your monthly mortgage expense

Jumbo VA programs up to 1.5 million

You can use your VA benefits more than once!

Include the funding fee into the loan amount to reduce closing costs

Refinance up to 120% of your homes appraised value

No prepayment penalties

Apply now for a VA Home Loan

Click the 'APPLY NOW' button to the right to start our application process and to get the ball rolling.

VA Home Loan Information

Q: Why should I get a VA home loan instead of an FHA or conventional loan?

A: The benefits of a VA home loan are much greater than any other type of loan on the market. For instance, if you choose to take out a VA loan, you will not have to pay a down payment. Additionally, VA loans don't require private mortgage insurance, or "PMI," so Veterans' monthly payments are much lower than what they would be if they had a traditional home loan. Also, because military families face unique circumstances, the VA has made the qualification standards for a VA home loan much more lenient than qualifying for a traditional home loan.

Q: I'm interested in using my VA home loan, am I eligible?

A: Generally, a service member is eligible for a VA home loan if he or she meets any one of these requirements.

  1. Served 181 days of Active Duty during peacetime.
  2. Served 90 days if Active Duty during war time.
  3. Served 6 years in the Reserves or National Guard.
  4. Is the spouse of a service member who died while in service or from a service connected disability.

If you need more information about eligibility requirements please refer to the veterans affairs.

1. No Down Payment

Saving money and building credit can be difficult for many service members who are constantly on the move. With a VA loan, qualified orrowers can finance 100 percent of the home's value without putting down one penny. Take a look at the chart below to see how much you can save through the no-money-down benefit of the VA loan.

Loan Amount0% Down5% Down10% Down20% Down

2. No Private Mortgage Insurance (PMI)

Many conventional lenders require borrowers to pay private monthly mortgage insurance unless they're able to put down at least 20 percent, which is a tough task for many veterans. Private mortgage insurance (PMI) is an insurance that protects the lender if the borrower defaults on the loan.

Loan AmountMonthly Savings
$150,000Save $115/month
$250,000Save $191/month
$350,000Save $268/month
$450,000Save $345/month


With a VA loan, however, there is no PMI. This is because the federal government backs all VA loans and assumes the risk on behalf of the borrower that is typically covered by the PMI.

This VA loan advantage allows you to build more and more equity in your house, effectively saving you thousands of dollars over the life of your mortgage.

3. Competitive Interest Rates

Interest rates on home loans are based on risk assumed by the bank to finance the loan. Because the VA backs each VA loan with a guarantee, financial instituitions carry less risk and can offer interest rates that are typically 0.5 to 1 percent lower than conventional loan interest rates.

Pair that lower interest rate with the ability to purchase a home with no money down and no private mortgage insurance and the savings start adding up signifcantly.

Lower Interest = More Savings


Loan Amount$150,000$250,000$350,000$450,000
Savings from a 0.5% reduction in interest$14,760$24,480$34,200$43,920
Savings from a 1% reduction in interest$28,800$48,240$67,320$86,400


(assumes 10% down on loan)

Ask us Anything About VA loans