VA Loan

Mortgage guaranteed by the Department of Veterans Affairs for eligible veterans and active-duty service members. Zero down, no monthly mortgage insurance.

VA loans are mortgages guaranteed by the Department of Veterans Affairs for eligible veterans, active-duty service members, and certain surviving spouses. Key benefits: 0% down payment, no monthly mortgage insurance, competitive 30-year fixed rates, and assumability. VA charges an upfront funding fee (1.25-3.3% depending on use and down payment), waived for some disability statuses. Property must meet VA Minimum Property Requirements.