Right now, qualified service members and veterans can save up to $600 on closing costs. Use promo code SAVEONCLOSING2.
VA Home Loans are home loans specifically designed for qualified enlisted service members, veterans, and their spouses who are looking to buy or refinance a home. Backed by the federal government, these home loans offer competitive interest rates, up to 100% financing (no-to-low down payment), and no PMI requirements.
See how a VA Home Loan stacks up against a conventional mortgage.
The VA Home Loan program benefits qualified active service members, veterans, and surviving spouses. Find out if you are eligible and learn how the process works here.
1. Determine your eligibility as outlined by the VA. To view the complete eligibility requirements, please see the VA’s comprehensive eligibility guide for veterans, enlisted service members, and surviving spouses.
2. Get your Certificate of Eligibility (COE). Issued by the VA, a COE indicates your eligibility for VA Home Loan benefits. Visit the Department of Veterans Affairs website to request your COE.
3. Complete your Mortgage Application and submit all required documents.
4. Find your dream home, make the winning offer, and sign a purchase agreement.
5. Let our lending team complete the processing and underwriting stage.
6. Close on your very own piece of the American dream.
Rates subject to change without notice
Ready to take advantage of these competitive rates? Start your application.
Looking to refinance with a VA Home Loan? Let us help! Plus, if you currently have a VA Loan, you can refinance up to 100% of your home’s value and get cash for your equity. Or, if you don’t need cash, you may be able to refinance up to 120% of the value.
Our team will help determine how low your rate would be if you refinanced to a VA Home Loan. Call us today at 800.845.5025.
Have questions about your eligibility, our rates, or the VA refi process? Use our online scheduler to book a call with our team at a time that works for you.
Have the info you need? Ready to get started? Begin your online refinance application today.
VA Home Loans are available for qualified active service members, veterans, and surviving spouses. Eligibility requirements are determined by the VA and vary for enlisted military, veterans, National Guard members, and Reserve members. To view the complete eligibility requirements, please see the VA’s comprehensive eligibility guide.
You need a Certificate of Eligibility (COE), which is issued by the VA and indicates your eligibility for VA Home Loan benefits. You can obtain your COE through the VA. Visit the Department of Veterans Affairs website to learn more about requesting your COE.
Yes. As with any other real estate loan, you still need to qualify based on credit, income, debt-to-income ratio, and other underwriting criteria as outlined by the financial institution where you are applying.
No, there are no pre-payment penalties with a VA Home Loan.
Yes, there are closing costs affiliated with a VA Home Loan. They are similar to closing costs on a traditional mortgage.
VA Loans are very similar to traditional mortgages. However, they offer options with no down payment, no need for private mortgage insurance (PMI), and very competitive interest rates. Eligible veterans are also able to use VA loan benefits more than once.
VA Home Loans cannot be used to finance land without a dwelling, investment properties, or office/business spaces.
Visit VA.gov for additional information.
The Department of Veterans Affairs website maintains an excellent site with comprehensive guides and information. Here are links to some of the most commonly requested resources:
Types of VA Home Loans
How to request a COE
The VA Home Loan buying process
1 APR = Annual Percentage Rate. Advertised rate reflects all available discounts and is current as of 5/20/2022. 30-year fixed loan is based on a loan amount of $150,000 with a Principal and Interest Payment of $805.23. 15-year fixed loan is based on a loan amount of $100,000 with a Principal and Interest Payment of $690.58. Rates and terms subject to change. Loan is subject to credit approval and actual rate is based on applicant’s credit history and term of loan. Credit Union membership necessary. Separate payment of taxes and insurance may be required. Products not available in Maryland.
2 To receive up to $600 off closing costs, enter promotion code SAVEONCLOSING in the application process between 02/01/2022 and 07/10/2022. Minimum loan amount of $150,000 required to receive up to $600 off closing costs. Other rates, amounts, and terms available. Amount received will be in the form of a lender credit at closing and will vary based on actual closing costs. Offer subject to change or termination. Certain restrictions may apply.