VA Loan Eligibility: Surviving Spouses
The military mortgages that many service members enjoy can also be obtained by certain surviving spouses.
- Un-remarried and a survivor of a military member who died while in service or from a service-oriented disability
- A survivor of a service person missing in action (MIA) or a prisoner of war (POW) (limited to one-time use)
- Zero down payment within conforming loan limits
- No mortgage insurance premiums
- Interest rate advantages
- More lenient qualifying standards than conventional programs
- No pre-payment penalties
- Available in 15- to 30-year terms
- All surviving spouses are exempt from the VA funding fee
- A spouse, whether VA-eligible or not, who co-signed on VA mortgage with a veteran who has since deceased, regardless of whether the death was duty related, may obtain a VA guaranteed Streamline refinance loan
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VA Specialty Lender
iFreedom Direct®, a top VA-approved lender, has served America's brave men and women by providing quality VA loans since 1996. These zero-to-low down mortgages, backed in part by the Department of Veteran Affairs, help eligible borrowers purchase and refinance homes at competitive interest rates. Pre-qualify at www.directvaloans.com or 800-211-9024.
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