VA Loans

VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. Your length of service or service commitment, duty status and character of service determine your eligibility for specific home loan benefits.

Let us tell you more about VA loan. A VA home loan is a product that offers a number of benefits.

Benefits of VA Loans

• No down payment is required
• Some closing costs are limited by the VA
• There is no mandatory private mortgage insurance requirement
• There is no penalty for an early repayment

Most non-VA home loans require a costly monthly mortgage insurance policy for borrowers who don’t have at least 20% equity or greater invested yet into their homes. A government-backed mortgage never requires a borrower to pay private mortgage insurance premiums (PMI).