Settle into the home you’ve earned, with a Veterans Affairs (VA) home loan that offers no down-payment options with no private mortgage insurance.
How does a VA direct home loan work? · With a VA direct home loan, we serve as your mortgage lender. This means you’ll work directly with us to apply for and manage your loan. The Native American Direct Loan (NADL) program often has better terms than a home loan from a private lender (a private bank, mortgage company, or credit union). Find out if you qualify for a NADL ; How does a VA-backed home loan work? · With a VA-backed home loan, we guarantee (or stand behind) a portion of the loan...
A VA loan is a mortgage loan available through the U.S. Department of Veterans Affairs for service members, veterans, and their surviving spouses.
VA-backed home loans ; Loan types · Eligibility · How to request a COE · Request a COE online · Surviving spouse programs · Check your COE status · Check claim, decision review, or appeal status · Request a decision review · VA help to avoid foreclosure · Warning about refinancing offers · Funding fee and closing costs · Home loan limits · Find VA-acquired properties · Buying a home with a VA-backed loan · Guidance on natural disasters
All of these must be true: ; You qualify for a VA-backed home loan Certificate of Eligibility (COE), and ; You meet our—and your lender’s—standards for credit, income, and any other requirements, and ; You will live in the home you’re buying with the loan
The Department of Veterans Affairs will start buying veterans' failing mortgages to help them stay in their homes.
A VA loan is guaranteed by the U.S. Department of Veterans Affairs. It offers favorable terms and rates to past and current military members.
loan benefitsLearn how VA direct and VA-backed home loans work—and find out which loan type may be right for you. Find out if you’re eligible for a VA direct or VA-backed home loan...
The U.S. Department of Veterans Affairs offers a range of benefits for eligible veterans, service members and family members. Learn more.
Loan Option, Rate, APR ; VA 15-Year Fixed *, 6.125 %, 6.82 % ; VA 20-Year Fixed *, 6.875 %, 7.467 % ; VA 25-Year Fixed *, 6.49 %, 7.001 % ; VA 30-Year Fixed *, 6.49 %, 6.945 %