VA Loans
The absolute best mortgage product on the market, exclusively earned by our nation's military. 0% down, no monthly PMI, and highly competitive rates.
Unmatched Benefits
Backed by the Department of Veterans Affairs, the VA loan eliminates the two biggest hurdles to homeownership: saving for a down payment and paying for monthly mortgage insurance.
- No Down PaymentBorrow up to 100% of the home's value without paying a single dollar in down payment. Keep your savings in the bank.
- No Private Mortgage InsuranceUnlike Conventional or FHA loans, VA loans never require monthly PMI, saving you hundreds of dollars every single month.
- Forgiving QualificationsThe VA requires no minimum credit score (though lenders usually ask for 580+), and offers highly flexible debt-to-income limits.
Eligibility & The COE
To get a VA loan, you need a Certificate of Eligibility (COE). We can usually pull this for you automatically through our lender portals in seconds.
You likely qualify if you:
- Served 90 consecutive days of active service during wartime.
- Served 181 days of active service during peacetime.
- Have more than 6 years of service in the National Guard or Reserves.
- Are the spouse of a service member who died in the line of duty.
The VA Funding Fee
While there is no monthly PMI, the VA charges a one-time Funding Fee to keep the program running. This fee is almost always rolled into the loan amount.
First-Time Use
- Less than 5% down: 2.15%
- 5% or more down: 1.50%
- 10% or more down: 1.25%
Exemptions
You are completely exempt from paying the funding fee if you receive VA compensation for a service-connected disability, or if you are a Purple Heart recipient on active duty.