VA Loans
For US Military service members
- Loans specifically designed to assist eligible active-duty service members, veterans, and certain members of the National Guard and Reserves in obtaining affordable and accessible homeownership.
- VA loans are backed by the U.S. government and are provided by private lenders such as banks and mortgage companies.
- They are offered exclusively to veterans and active-duty service members, honoring their service by providing a path to homeownership.
Requirements
- Must meet eligibility requirements and have a Certificate of Eligibility (COE) from the Dept. of Veterans Affairs
- Good Credit Score
- Low-to-Mid Debt-to-Income (DTI) Ratio
- Mortgage Insurance
- Prospective Property must meet certain criteria and must only be intended for primary residence purposes