VA Loans

First Of all on this Veterans Day We would like to thank all of our Vets for their service. "God Bless America!"


What is a VA Loan?

A VA loan is type of mortgage, provided by a private lender. These loans are guaranteed by U.S. Dept of Veterans Affairs These loans were created to offer American Veterans and their spouse long term financing with some great benefits.
(shopping for a home)

How does this benefit me?

No money down loans and no Mortgage Insurance (PMI)
Credit scores can be in the 620 range for VA loans. Often VA loans have lower interest rates which means a lower monthly payment for you. VA loans have limits on the closing costs.

What do I need to do to qualify?

One of the first things you should do is to apply for your (COE) Certificate of Eligibility . Veterans will need to show proof of military service,the DD Form 214 which is the discharge from active duty certificate will confirm this. See if you qualify 

Those that are still serving will need to provide the following

  • Veteran’s full name
  • Social Security Number
  • Date of birth
  • Branch of service
  • Rank
  • Active duty entry date
  • Current date of separation
  • Unit of assignment and current duty location
  • Duration of lost time, if any
  • Last Discharge
  • Type of Discharge, and
  • Name of the command providing the information

Some Other Facts to know

You can use your entitlement more than once as long as your previous loan was paid off. Homes must be move in ready condition, they can not be fixer uppers. The home must be your primary residence. There are no prepayment penalty fees so if you decide to pay your loan off early you can. 


Do you know a Veteran that would like to buy a home?

I am sure we all know someone that is or was a Veteran. We are thankful of their service to our country and for the sacrifices that they, and their families have made. Our goal is to help as many Veterans find their dream home so they can enjoy life as it should be. May we all come together to support and pray for our military men and women.

Contact Us for more details on VA Loans

This content created by Barbara VanderMeulen, Lead Buyer Specialist.