Zero is a big deal to us!
U.S. Veterans, active and retired, can enjoy the many benefits of a
VA Home Loan including no money down, 100% financing!
Program Highlights:
- 100% financing/no down payment loans
- No Private Mortgage (PMI)
- No penalties for prepaying the loan
- Competitive interest rates
- Qualification is easier than a conventional loan
- Sellers pay some of the closing costs
- Can be combined with additional down payment assistance to reduce closing costs
What is a VA Loan?
The Veteran Administration’s Loan originated in 1944 through the Servicemen’s Readjustment Act; also known as the GI Bill. It was signed into law by President Franklin D. Roosevelt and was designed to provide Veterans with a federally-guaranteed home loan with no down payment. VA loans are available to eligible veterans for the purchase of his/her primary residence through private lenders, such as banks, savings and loans, and mortgage companies.
What type of home can I purchase with a VA loan?
A VA loan can be used to purchase one of the following types of homes:
- Existing Single-Family Home
- Townhouse or Condominium in a VA-Approved Project
- New Construction Residence
What documents do I need to start the process?
In order to begin the application process, we will need the following documents:
- Certificate of Eligibility from the Veterans Administration
- of Military Service from a VA Eligibility Center
