The Veterans Administration (VA) home loan guaranty benefit helps you buy, build, repair, retain, or adapt a home. VA home loans are provided by private lenders such as banks and mortgage companies, with VA guaranteeing a portion of the loan. This gives the home buyer more favorable terms. Download a free VA Loan Guide today.
Who is Eligible for a VA Loan?
Active Duty Personnel
Current or Former Reservists/National Guard members
Some surviving spouses
What are the Benefits of a VA Loan?
Purchase a home at a competitive interest rate often without requiring a down payment or private mortgage insurance, which gives you more savings
Cash Out Refinance options allow you to take out cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements
If you have a service-related disability, you may qualify for waived funding fee, reducing closing costs
Borrowers can often refinance to a lower rate within the VA program without requalifying for the program