THE BASICS OF VA MORTGAGES
What is a VA Loan?
VA loans are insured by the U.S. Department of Veterans Affairs and are available to eligible Veterans, active military, and surviving spouses. Since they are federally guaranteed, VA loans offer some of the best terms available for a mortgage loan.

What are the benefits of a VA loan?
VA loans offer great flexible terms, including no down payment options and no monthly mortgage insurance payment. You may be required to pay a VA Funding Fee, but this can be rolled into your loan to help mitigate the cost. Eligible Veterans and surviving spouses can use a VA loan to purchase a new home or refinance their existing home.
GETTING YOUR VA MORTGAGE
Qualifying for a VA Loan
The U.S. Department of Veterans Affairs sets the eligibility requirements to qualify for a VA Loan. VA loans are available to current active military (90 days min. service), honorably-discharged Veterans, Reservist members (six years with an honorable discharge or 60-180 days of active duty), eligible surviving spouses, and those granted Veteran status through civilian employment.

Applying for a VA Loan
The VA loan process can be complex, so you’ll want to go with a lender familiar with the VA loan program. We have decades of experience serving the valued members of our military and appreciate every opportunity to support their home ownership goals.