The VA loan program is a special line of purchase and refinance loans just for veterans. It is guaranteed by the U.S. Veteran’s Association and frequently offers lower interest rates than conventional home loans. There are VA Loan options that require
Benefits of a VA Loan
- No down payment
- No cash reserves
- No application fee
- No prepayment penalty
- Up to 100% financing (based on VA lending limits)
Who should apply for a VA Loan?
- Veterans with little to no cash reserves or down payment
- Veterans looking to refinance their existing home loan
