VA loans are guaranteed by the Department of Veterans Affairs and available to eligible veterans, active-duty service members, and certain surviving spouses. It's one of the strongest loan programs available — often overlooked by people who don't realize they qualify.
Generally a good fit if you...
- Are a veteran, active-duty service member, or eligible surviving spouse
- Want to buy with little or no money down
- Want to avoid monthly mortgage insurance altogether
- Have had a past bankruptcy or foreclosure but are rebuilding credit
General guidelines
- Down payment: 0% down is possible for eligible borrowers
- Mortgage insurance: none, ever — VA loans never charge monthly mortgage insurance
- Funding fee: a one-time fee (financed into the loan) that varies by down payment and prior use — fully waived for veterans with a service-connected disability rating
- Credit & income: more flexible guidelines than conventional loans, with underwriting that looks at residual income, not just a DTI ratio
Not sure if your service qualifies you for VA benefits?
Every situation is different, and these are general guidelines — the fastest way to know where you stand is a quick conversation. Send us a message or visit our team page to apply directly.