- Down payment
- 0% for eligible borrowers
- Mortgage insurance
- None
- Funding fee
- One-time, waived for some disabled veterans
- Who qualifies
- Veterans, active duty, eligible spouses
What it is
VA loans are a benefit earned through military service. They are guaranteed by the Department of Veterans Affairs and are usually the lowest-cost way for an eligible buyer to finance a home.
How it works with a broker
I start by pulling your Certificate of Eligibility, which confirms your entitlement. From there we look at what you can borrow with no down payment and what the funding fee will be.
VA rates differ from lender to lender more than most people expect. Comparing several lenders on the same day is the simplest way to lower what you pay.
Common questions
Can I use a VA loan more than once?
Yes. The benefit can be reused, and in some cases you can hold two VA loans at once using remaining entitlement.
Is there a loan limit?
With full entitlement there is no VA loan limit. You can borrow what a lender approves based on your income and credit.
Figures shown are typical guidelines and can vary by lender, credit profile and property. They are not an offer or commitment to lend.
Find out what you qualify for.
Answer a few questions and I will come back with real options, usually the same day. It takes about two minutes and does not affect your credit.