VA Loans

VA Purchase and Refinance transactions

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA) that is available to most U.S. service members. VA loans offer a loan guaranty benefit to help eligible veteran borrowers refinance or buy a home.  VA loans do not require any monthly mortgage insurance included in the loan amount, and a veteran borrower could purchase a home without a down payment.  Contact one of our licensed loan originators to apply!



The VA Interest Rate Reduction Refinance Loan (IRRRL) lowers the veteran borrower’s interest rate by refinancing their existing VA home loan.  With a lower interest rate, the monthly mortgage payment should decrease.  Contact one of our licensed loan officers today to apply!


VA High-Cost Counties

Although the VA loan program does not have a maximum loan amount, there are effective loan limits for high-cost counties throughout the United States.  The limits are derived by considering the median home price for a county and the Freddie Mac conforming loan limit.  Contact one of our licensed loan officers today to apply!


You may be eligible for a VA loan if any one of these statements describes you:

Basic Eligibility Requirements

General Rule for Eligibility

Wartime and Peacetime

Wartime Peacetime
World War II

Post-World War II period

Korean conflict

Post-Korean conflict

Vietnam Era


(The Vietnam Era begins 2/28/1961 for those individuals who served in the Republic of Vietnam.)
Post-Vietnam period

Persian Gulf War

8/2/1990-date to be determined

Eligibility for Reserves and/or Guard

Eligibility of Spouses of Veterans

Other Qualifying Service

Exceptions to Length of Service Requirements


Benefits of VA Loans



What is the VA Funding Fee and is it required?

Yes, it is required. It is a fee paid directly to the Department of Veteran's Affairs so that they can guarantee your loan and provide you with the opportunity to receive a loan with little to no money out of pocket.

How much is the VA Funding Fee?

It depends on several factors including whether you are Active Duty, Retired, Guard or Reserve and whether this is a first-time use, subsequent use, or a cash-out refinance as well as how much of a down payment you are putting down. The fee can range from as little as .5% up to 3.30% of the loan. Generally, the more money you put down the lower the VA funding fee. Please contact us and we will help you to determine how what the exact cost of the VA Funding Fee would be for your particular situation.

Do I have to pay the VA Funding Fee out of pocket?

Under most circumstances you can include the VA Funding Fee in your total loan amount. Contact one of our licensed loan officers for additional information.

Do I still have to pay other normal closing costs like Appraisal, Title, and Escrows?

Yes, however, with a VA loan, if you are purchasing a new home, the seller may pay for all or part of your closing costs.

What is a VA Streamline Refinance?

A VA Streamline Refinance is a refinance option that is available if you already have a VA mortgage and you want to lower your interest rate with little or no out-of-pocket closing. Contact one of our licensed loan officers for more information!