Thank Your For Your Service

VA Loans

Giving back to you for your services

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veteran Affairs (VA) and is available to most US service members. It offers some very great benefits to those that have served our country.

Benefits of VA Loans

As a rule of thumb, almost all active duty or honorably discharged service members are eligible for a VA loan.

You may be eligible for a VA loan if any one of these statements describes you:

  • I served 181 days during peacetime. (Active Duty)
  • I served 90 days during wartime. (Active Duty)
  • I served 6 years in the Reserves or National Guard.
  • I am the spouse of service member who was killed in the line of duty.
  • I currently receive disability payments from the VA.

Yes, it is required. It is a fee paid directly to the Department of Veteran's Affairs so they can guarantee your loan and provide you with the opportunity to receive a loan with little to no money out of pocket.

It depends on several factors including: Whether you are Active Duty, Retired, Guard, or Reserve; whether this is a first time use, subsequent use, or a cash-out refinance; and how much of a down payment you are putting down. The fee can range from as little as 1.25% up to 3.3% of the loan. Generally, the more money you put down, the lower the VA funding fee. We will help you to determine how what the exact cost of the VA Funding Fee would be for your particular situation.

No, you can include the VA Funding Fee in your loan and pay the funding fee over the course of your loan.

Yes. However, with a VA loan if you are purchasing a new home the seller can pay for all or part of your closing costs.

A VA Streamline Refinance is a refinance option that is available if you already have a VA mortgage and you want to lower your interest rate with little to no out-of-pocket closing costs. With a VA streamline refinance, you don't have to provide bank statements, W2s, job verification or paychecks.

Check to see if you qualify for a VA Loan:

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These materials are not from HUD, VA, or FHA and were not approved by HUD or any other government agency.