VA Mortgages
VA
If you're a military veteran or still in active service, you may qualify for a U.S. Department of Veterans Affairs (VA) loan. These loans often require no down payment.
*A down payment is required if the borrower does not have full VA entitlement or when the loan amount exceeds the VA county limits. VA loans subject to individual
VA Entitlement amounts and eligibility, qualifying factors such as income and credit guidelines, and property limits.
VA
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Advantages of an VA loan
- 100% financing with full VA entitlement*
- No prepayment penalties
- Fixed and adjustable-rate loan terms
- No Mortgage Insurance
- You do NOT have to be a first time home buyer
- A variety of eligible property types, including townhomes and VA-approved condos