VA Loans

What are VA Loans?

VA Loans are Designed to offer long-term financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Advantages of a VA loan

NO loan limits

Very high ratios are allowed: over 50%.

No down payment

NO monthly mortgage insurance.

Fico scores as low as 585.

If you have become disabled due to service-related injuries, your funding fee is waived.