VA Mortgage
A VA loan is guaranteed by the Department of Veteran Affairs and allows American veterans with low income or not so perfect credit to qualify for a home loan. This is a great option for qualified veterans or their surviving spouses to get a long-term financing. These loans are generally offered with no down payment on loans under $453,100 and no requirement for personal mortgage insurance. VA loans also offer similar interest rates as conventional loans.
A VA loan does involve a longer application process, requires stricter appraisal standards, and collects an upfront VA funding fee*. While the process is a little slower than other options, they do not overshadow the opportunity to get into the home of your dreams.
We are committed to helping military families across the country by partnering with the American Warrior Initiative.
*In some instances a VA Funding Fee is not required.