The VA loan program has helped millions of service members, veterans, and military families since its creation in 1944. The VA loan is a mortgage loan issued by approved lenders and guaranteed by the U.S. Department of Veterans Affairs (VA).
Key Features of a VA Loan
100% Financing - Zero Down Payment (for qualified borrowers)
No Mortgage Insurance. Since VA loans are government backed, private mortgage insurance is not required
Easier to Qualify. From credit requirements to other underwriting guidelines, VA loans are typically less stringent than conventional programs.
Competitive Interest Rates