VA Loans
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*Rates shown are illustrative and subject to change.
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VA Loans: Benefits, Requirements, and How to Get Started
Government-backed mortgage for eligible veterans, active-duty service members, and some surviving spouses.
If you're eligible, a VA loan can make buying or refinancing a home simpler and more affordable. We'll walk you through your options and help you take the next step with confidence.
- $0 down and no private mortgage insurance (PMI) for eligible borrowers
- Eligibility is based on your service history, finances, and a Certificate of Eligibility (COE)
- Buy a home, refinance, or lower your monthly payment
What would you like to do?
Buy a Home with a VA Loan
Use your VA benefit to purchase a home with flexible requirements and, in many cases, no down payment.
Explore VA Purchase LoansRefinance Your Current Loan
Replace your existing loan to adjust your rate, change your term, or access equity in your home.
Compare VA Refinance OptionsLower Your Monthly Payment (VA IRRRL)
Already have a VA loan? A streamline refinance (IRRRL) may help reduce your payment with less paperwork.
See IRRRL OptionsVA Loan Requirements
We keep this simple — here's what most borrowers need to get started:
- VA eligibility (verified with a Certificate of Eligibility)
- Primary residence (the home must be where you live)
- Credit and income that meet lender guidelines
- A home that meets VA appraisal standards
What Does a VA Loan Cost?
VA loans are designed to be affordable, but it's still important to understand what's included:
- No monthly PMI — a major cost savings compared to many loan types
- A one-time VA funding fee (varies based on your situation; many veterans may be exempt)
- Standard closing costs (sometimes negotiable or financed into the loan)
Benefits of VA Loans
How to Apply
Answer a few questions
Tell us about your loan needs, property, and timeline.
Get matched
We connect you with a lender who specializes in VA loans.
Close your loan
Work directly with your lender to finalize your mortgage.
Frequently Asked Questions
A VA loan is a mortgage backed by the U.S. Department of Veterans Affairs that helps eligible borrowers buy or refinance a home with favorable terms.
Eligibility is based on military service, income, credit, and obtaining a Certificate of Eligibility (COE). Veterans with 90+ days wartime service, 181+ days peacetime service, active-duty members, National Guard/Reserve with 6+ years, and qualifying surviving spouses may be eligible.
Most VA loans do not require a down payment, though it depends on your entitlement and loan amount.
It's a one-time fee that supports the VA loan program. The amount varies based on your loan type and usage, ranging from 1.25% to 3.3%. Some veterans are exempt, including those receiving VA disability compensation.
Yes. VA loan benefits can be reused. You can have multiple VA loans simultaneously in some cases, and your entitlement can be restored when you pay off a VA loan.
Most VA loans close in 30–45 days, similar to conventional loans. The VA appraisal process can sometimes add a few days, but experienced VA lenders have streamlined this process.
Ready to get started?
Apply in under 2 minutes and get connected with a va loans specialist.
Start Your Application