VA
Loan Programs

VA Loan Programs

The VA Loan became known in 1944 through the original Servicemen's Readjustment Act also known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with no down payment. This feature was designed to provide housing and assistance for veterans and their families, and the dream of home ownership became a reality for millions of veterans.


Eligibility for the VA loan is defined as Veterans who served on active duty and have a discharge other than dishonorable after a minimum of 90 days of service during wartime or a minimum of 181 continuous days during peacetime. VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy.

 

If you think you are eligible, speak with one of our loan officers today about purchasing a home with a VA loan program!

Benefits Include

  • 3.5% Down

  • As low as 0% down payment

  • 580 FICO

  • No Required Reserves

  • Appraisal Requirements

  • Fixed and adjustable rate mortgages

  • No Monthly Insurance Premiums