Veterans Affairs Loans
A Veterans Affairs (VA) Loan is partially backed by the US Dept of Veterans Affairs. It is designed for active duty service members, veterans, and their families to qualify for a home loan with no down payment and no PMI requirement.
These loans are typically offered with lower interest rates, but they do have their limitations. It’s only available for a primary residence, so you can’t seek a VA loan for a second home or investment property.
There are a few other specifications, like loan amounts, eligibility requirements, types of entitlements, and so on. To figure out everything you need to know about the VA Loan and if its right for you, get in contact with one of our expert loan originators today. We can guide you through this process to get you one step closer to your future home.