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VA Loans

VA guaranteed loans have many of the same advantages as FHA loans. Qualifying veterans, the unmarried surviving spouse of a deceased veteran who died on active duty or as a result of a service-connected disability, Public Health Service Officers and active-duty servicemen and servicewomen may qualify.

How do I apply for a VA guaranteed loan?

You can apply for a VA loan with any mortgage lender that participates in the VA home loan program.

How much is the VA funding fee?

The VA requires a funding fee that can be several percent, also known as points, depending on a number of factors. The VA funding fee may be waived if the veteran is receiving VA compensation for service related disabilities, for veterans who would receive such compensation if they did not receive retirement payments and surviving spouses of veterans who died in service or from service connected disabilities.

What is a streamline financing for VA loans?

The VA has created an Interest Rate Reduction Loan program called the Streamline Refinance and the funding fee may be lower.

For more information please consult