Veteran Affair Loans

Are you a veteran? If so, THANK YOU for your service. Now let us care for you, like you cared for us during your time of service. Find out more below about the VA Loan program and if it’s an option for you.

VA Loans

The VA loan is almost universally the best for veterans looking to purchase a home. It stands apart from many others, thanks to it’s combination of low rates, aggressive underwriting, and secondary benefits.

This loan is backed by the U.S. Department of Veterans Affairs and provides assistance for active-duty military personnel, veterans, and certain other groups to become homeowners at a cost that is affordable to them.

Need to know information about a potential mortgage? and calculate your potential mortgage payment today.

Most frequent questions and answers

No, the VA loan can finance 100% of the purchase price of the home. There are no catches, it’s an amazing benefit to the service provided to our country by our veterans.

No, VA loans are backed by the Department of Veteran Affairs and protects the lender in the event someone defaults on their home.

Short answer? Nope. The VA does not fund the mortgages themselves, but they are offered by US bank, savings and loan institutions, credit union, and mortgage lenders – each of which sets their own VA loan rates and fees.

VA loans are handy because they can be used a variety of property purchases, including:

  • Single Family Home
  • Condo
  • New Build Home
  • Manufactured Home
  • Duplex
  • And other types of properties

Short answer, no. The VA loan is only available for primary residences. HOWEVER, the primary residence is defined as the home in which you live “most of the year”. Therefore, if you own an out-of-state residence in which you live for more than 6 months of the year, this other home, whether it’s your vacation home or retirement property, becomes your official “primary residence”. For this reason, VA loans are very popular among aging veterans, affectionately known as “snow birds”!