VA Loans

Backed by the U.S. Department of Veterans Affairs, VA Loans1 make homeownership more affordable for eligible military service members, veterans, and their families.


Apply Now: VA Loans Contact a Loan Officer: VA Loans


  • Broad qualification requirements
  • No down payment on most purchase loans2
  • Lower closing cost limits
  • Lower interest rates than most conventional loans
  • Allows broader range of income, debt, and credit history than conventional mortgages
  • No private mortgage insurance or upfront mortgage insurance
  • 1-4 unit homes, VA-approved condominiums, manufactured homes
  • Requires a funding fee between 1.25% and 3.3% paid at closing (may be rolled into the total loan amount) 
  • Only available to purchase or refinance a primary residence 

Who Should Use a VA Loan?

VA Loans allow veterans to borrow at a competitive rate without a large down payment or monthly mortgage insurance, and with less stringent credit requirements. To be eligible for a VA loan, veterans, service members who are in active duty, National Guard members, and reservists must meet a set of basic requirements that have been determined by the U.S. Department of Veterans Affairs. The program benefits have also been extended to the spouses of military members who died while on active duty or suffered a disability while in service.

You may be eligible if you meet one of the following critieria: 

  • Service totaling 181 days or more of active service during peacetime
  • Service totaling 90 consecutive days or more of active service during wartime
  • Service totaling 6 years or more in the National Guard or Reserves, or served 90 days (at least 30 of them consecutively) under Title 32 orders 
  • Suffered a service-connected disability 
  • You are the spouse of a military member who died while on active duty from a service-connected cause. 
If you don't meet these requirements you may still be eligible, depending on your discharge type. Speak with a Loan Consultant about your situation to see if you may still qualify.
Apply For A VA Loan

Eligible veterans can refinance their home to get cash out to pay off debt, make home improvements, or pay off personal expenses.3

  • U.S Department of Veterans Affairs backed VA Loan, with similar eligibility requirements
  • Can be used to refinance VA or conventional mortgages
  • Only available for primary residence

Existing VA loan holders can refinance to get a lower interest rate or to a shorter term.3

  • U.S. Department of Veterans Affairs backed VA Loan, with similar eligibility requirements
  • Typically does not require an appraisal 
  • Less paperwork and faster than typical refinance
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1 Subject to VA eligibility.

2 A down payment is required if the borrower does not have full VA entitlement or when the loan amount exceeds the VA county limits. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit guidelines, and property limits.

3 By refinancing the existing loan, the total finance charges may be higher over the life of the loan.