VA Loans

VA loans are designed to help active-duty military personnel, veterans and others become homeowners at an affordable cost. *See below for the many possible eligible groups

  • No down payment requirements, making the VA a truly no-money-down opportunity
  • No mortgage insurance requirements and low closing costs, saving you money upfront and over time
    (VA loans require neither a down payment nor mortgage insurance. That a VA-backed mortgage very affordable upfront and over the years.)
  • More credit and income flexibility, making it easier for eligible borrowers to qualify.

*VA loans are available not only to veterans, but also other classes of military personnel. The list of eligible VA borrowers includes active-duty service-persons, members of the National Guard, Reservists, surviving spouses of veterans, cadets at the U.S. Military, Air Force or Coast Guard Academy, midshipmen at the U.S. Naval Academy and officers at the National Oceanic & Atmospheric Administration. A minimum term of service is typically required.