VA Loans

The VA Home Loan Program helps our eligible service men and women and their families become homeowners. We are excited and honored to participate in this invaluable benefit that gives back to those who serve our country in the Armed Forces. It is an opportunity they have truly earned.

Now even active duty personnel can qualify. If you are a Disabled Veteran, you may qualify for additional benefits on a VA home mortgage loan. 

The VA mortgage loans extend to not only the Army, Navy, Air Force and Marines but also to Reservists and National Guardsmen.

Some of the benefits of the VA Mortgage Loan Program are:

• The VA Mortgage Loans is guaranteed for no money down up to $417,000
• No monthly Mortgage Insurance is required
• Many VA Mortgage Loans are assumable

The VA Funding Fee

The Veterans Administration assesses a Funding Fee to all VA loans. The fee is added into the amount of the loan to be paid over the life of your VA home mortgage loan. If you are a Disabled Veteran, you may qualify to get the fee waived completely.

Qualifying for a VA Mortgage Loan

Even if you have experienced some financial difficulties in your life that caused your scores to be low but have maintained a good payment record over the past year or so, you may qualify for a VA mortgage loan. This can be a tremendous savings compared to the cost of conventional loans when the borrower's credit scores are low.

VA Mortgage Loans may be refinanced

VA mortgage loans have built in features allowing a loan to be refinanced to a lower interest rate without all of the criteria normally associated with a conventional loan. This is called an Interest Rate Reduction Refinance Loan; the veteran can often secure a lower interest rate without any credit checks, appraisal, and income or asset verification and can roll the costs of the transaction into the loan so there are no out of pocket costs.