VA LOAN

Available in a variety of fixed-rate and adjustable-rate loan options

Buy a home with no down payment

Provides financing for qualified veterans, reservists, active duty personnel, or eligible family members

SUMMARY

The VA loan is geared specifically to help our veterans and military personnel obtain a mortgage and own a home. These loans feature relaxed credit standards and low down payment options.

  • Available with a fixed or adjustable rate
  • Allows closing costs to come from a gift or grant.
  • Doesn’t require monthly mortgage insurance.
  • You typically have to pay a one-time VA funding fee that can be financed into the loan amount.
  • You can get financing for your primary residence only.
  • No prepayment penalty. You may pay some or all of your loan balance in advance without a penalty.