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VA (VETERANS AFFAIRS) LOAN

What is a VA Loan?

VA Loans, backed by the U.S. Department of Veterans Affairs, are a specialized mortgage option designed to support veterans, active-duty service members, and their families in achieving homeownership. These loans are highly advantageous, offering 100% financing, no private mortgage insurance (PMI), and competitive interest rates. VA Loans are an incredible benefit for those who have served our country, providing an affordable path to owning a home.

Who is Eligible?

VA Loans have specific eligibility criteria tailored to the unique circumstances of military personnel and their families:

  • Service Requirements: Veterans, active-duty service members, and some members of the National Guard or Reserves may qualify, provided they meet minimum service requirements.

  • Certificate of Eligibility (COE): Borrowers must obtain a COE from the VA, which verifies their eligibility for the loan.

  • Credit Score: While the VA does not set a minimum credit score, most lenders require a score of 620 or higher.

  • Primary Residence: The home purchased with a VA Loan must be the borrower’s primary residence.

VA Loans offer unmatched benefits, making them a valuable resource for those who qualify.

Features of VA Loans

No Down Payment

VA Loans provide 100% financing, eliminating the need for a down payment and making homeownership more accessible.

No PMI

Borrowers are not required to pay private mortgage insurance, resulting in significant monthly savings compared to other loan types.

Competitive Interest Rates

VA Loans typically offer lower interest rates than conventional loans, reducing overall borrowing costs.

Flexible Credit and Income Requirements

VA Loans accommodate a range of credit profiles and have more lenient income requirements, ensuring broader access to homeownership.

Assumable Loan Option

VA Loans are assumable, allowing a buyer to take over the seller’s loan, which can be beneficial in a rising interest rate environment.

Possibility starts here

Get approved for your mortgage.

It may be hard to believe, but in just a few clicks, a new home or mortgage savings could be yours.

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Client testimonials

What They Say About Us

Sarah M.
"Working with USA Mortgages was a game-changer. As a first-time homebuyer, I was nervous about the process, but they were so patient, explaining every detail and helping me find a loan that fit my budget. They truly made me feel like family. I’d recommend them to anyone!"
Kevin L.
"I was looking to refinance, but I’d been putting it off because of all the paperwork. USA Mortgages took care of everything and got me an incredible rate! The whole experience was straightforward, quick, and stress-free. I’m saving over $200 a month on my mortgage now!"
Luis G.
"I’d heard horror stories about mortgage brokers, but USA Mortgages changed my mind. They found me a great deal on my mortgage, and the whole team was responsive, friendly, and genuinely invested in helping me close on my dream home. I’m beyond grateful!"
Amy T.
"USA Mortgages turned what I thought would be a long, confusing process into a breeze. They answered all my questions, gave me solid advice, and were with me every step of the way. Thanks to them, I’m officially a homeowner! Can’t thank them enough."
Marcus J.
"As a veteran, finding a loan that respected my service was important to me. USA Mortgages guided me through every VA loan benefit, securing terms that worked for me and my family. This team knows their stuff and respects their clients – highly recommend!"
Jasmine H.
"I had some credit challenges, but USA Mortgages didn’t treat me any differently. They found options that other lenders didn’t and walked me through ways to improve my credit. Thanks to them, I’m a homeowner – something I didn’t think was possible!"