VA Loans

Veterans Affairs mortgages, also known as VA loans, offer benefits for eligible military veterans, service members and spouses who want to purchase a home.

The advantage of VA loans are that the buyer can be financed by no down-payment loans and more lenient credit and income eligibility requirements than conventional mortgages.

The loans have competitive rates compared with traditional bank financing. These home loans are made through qualified lenders and are guaranteed by the Department of Veterans Affairs, so they don’t usually require private mortgage insurance, known as PMI.

Please keep in mind most loan eligibility requirements and guidelines do have exceptions and are reviewed on a case by case basis.