A VA home loan is a mortgage guaranteed by the United States Department of Veteran Affairs, designed to help military members move into the homes of their dreams.

• No down payment for purchases
• No prepayment penalties
• Lower average interest rates
• No monthly mortgage insurance
• Limitations on buyer’s closing costs
• Cash-out loans
• Interest rate reduction loans

Interest rates on VA home loans change all the time based on market trends. While we can’t guarantee your specific rate here and now, talk to one of our loan officers to lock in your exact interest rate.

Qualifying for a VA loan takes more than military service. Although it’s definitely a base requirement, VA home loan requirements say you will need to have served the equivalent of one of the following terms:

• Honorable discharge after 90 days of active service during wartime
• Honorable discharge after 181 days of active service during peacetime
• Two-year requirement of service enlisted after 9/7/1980
• Six or more years of service in the National Guard or Reserves

The spouse of a service member who has died in the line of duty or as a result of a service-related disability is also eligible for this mortgage program. Talk to one of our loan officers about your VA home loan options today.

Qualifying also takes into consideration income and credit.