Veterans Affairs Loan

VA loans are mortgage loans in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders and designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).

Government-backed loans for active or retired military veterans.

Rates and more info

  • Very little or 0 cash down payment

  • No mortgage insurance 

  • Flexible qualification guidelines

  • Fixed-rate and ARM options

  • Monthly payment of the loan is up to 41% of the gross monthly income 

  • Must be an active military member or veteran

  • Must be a surviving spouse of a service member who died as a result of military service