Honoring those who serve by paving the way to homeownership.

Top 3 Benefits of VA Loans

  • 100% Financing

  • Lower than Average Interest Rates

  • No Mortgage Insurance

Eligible Service Members and Veterans

A service member is classified as active duty when any of the following applies:

  • Currently active in the uniform services (Army, Navy, Air Force, Marine Corps, Coast Guard), or the United States Public Health Services and National Oceanic and Atmospheric Administration
  • Currently participating in the Reserves or National Guard
     

A veteran is classified as retiree-discharged when any of the following applies:

  • Favorably discharged from the military
  • Honorably discharged from the Reserves or National Guard
VA Loans

 VA Loan Benefits

How do VA loans stack up against other loan options?
See below why it’s beneficial to choose VA financing:

  • No down payment unlike conventional or FHA loans. *
  • NO PMI or upfront MIP (Mortgage Insurance Premium) helps keep your monthly payments low. 
  • Lower interest rate.
  • VA funding fee may be financed into the loan.
  • More flexible credit guidelines and acceptance of lower credit scores than most loan programs.
  • Allows for higher debt-to-income ratios helping to qualify for a larger amount.
  • Exemption from a funding fee if receiving service-connected disability benefits.
  • Seller may contribute up to 4% of the lessor of the sale price or home value toward closing costs resulting in less money due at closing.
  • Eligible properties include 1-4 unit Properties, Condos, and Planned Urban Developments.
  • VA Jumbo Loan Amounts available up to $1.5 million.

 

* As long as the sales price does not exceed the appraised home value.

VA Loans