VA Home Loans
VA Home Loan – Helping Veterans Achieve Homeownership
What is a VA Home Loan?
Benefits of a VA Home Loan
✅ No Down Payment Required – Purchase a home without a hefty upfront cost.
✅ No Private Mortgage Insurance (PMI) – Save money on monthly payments.
✅ Competitive Interest Rates – Benefit from lower-than-average rates.
✅ Easier Qualification – Flexible credit and income requirements.
✅ No Prepayment Penalty – Pay off your loan early without extra fees.
✅ Cash-Out Refinance Option – Access your home equity for other financial needs.
VA Home Loan Process
Step 1: Check Your Eligibility
Ensure you meet the eligibility requirements set by the VA, including service length, duty status, and discharge conditions
Step 2: Obtain Your Certificate of Eligibility (COE)
A COE confirms your qualification for a VA loan. You can get this through the VA eBenefits portal, your lender, or by mail.
Step 3: Get Pre-Approved
Work with a VA-approved lender to determine how much you can borrow and get pre-approved for a loan.
Step 4: Find Your Home
Start your home search and choose a property that meets VA loan property standards.
Step 5: Make an Offer & Sign a Purchase Agreement
Once you find the perfect home, submit an offer and sign the agreement with the seller.
Step 6: VA Home Appraisal & Inspection
The VA requires an appraisal to ensure the home’s value and condition meet VA standards. A home inspection is also recommended.
Step 7: Loan Processing & Underwriting
Your lender will review your application, verify your finances, and approve the loan.
Step 8: Closing & Move In
Sign the final documents, pay any closing costs, and get the keys to your new home!