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VA Home Loans

Features of our VA Home Loans:

  • 100% financing available with no down payment*
  • Government-backed, so no private mortgage insurance required
  • Competitive rates, a greater degree of safety, and optimal flexibility
  • Easier qualification requirements compared to other home loans
  • Financing for veterans, active service members, and select military spouses

*Closing costs and fees may still apply.

 

Eligibility for a VA Loan

With a VA loan, the borrower must be a qualifying active duty member of the U.S. military, veteran, or surviving spouse. A Certificate of Eligibility (COE) is required. 

You might be eligible if:

  • You served 90+ days active duty during wartime
  • You served 180+ days active duty during peacetime
  • You were not dishonorably discharged
  • You are currently active duty
  • You are the surviving spouse of a veteran who died during service or because of service-related injuries and are not remarried

VA Loan Document Checklist

  • Copy of canceled earnest money check (if you are under contract)
  • Copy of last two months of LES pay statements
  • Paycheck stubs for previous 30 days (for any non-military co-borrowers)
  • Tax returns from the past two years (all schedules and all pages)
  • W2s from the past two years
  • Copy of current "Service Statement" (obtain from base personnel or online)
  • Copy of any asset statements (IRA, 401, TSP, Money Market) (all pages)
  • Checking and savings bank account statements for the past two months (all pages)
  • Copy of driver's license (all borrowers)
  • Copy of Social Security card or passport (all borrowers)
  • Copy of divorce decree (if applicable)
  • Copy of bankruptcy paperwork (if applicable)

*VA home loan purchases, have options for 0% down payment, No private mortgage Insurance requirements, competitive interest rates, with specific qualification requirements. VA Interest rate reduction loans (IRRRL) are only for Veterans who currently have a VA loan, current loan rate restrictions apply, and limits to recoupment of costs and fees apply. VA Cash-out Refinances are available for Veterans with or without current VA loans. Policies and guidelines may vary and are subject to the individual borrower(s) qualification. Program and Lender overlays apply.‚Äč

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