Features

  • Provides financing for qualified veterans, reservists, active duty personnel, or eligible family members.
  • Has down payment options as low as 0%.
  • Allows closing costs to come from a gift or grant.
  • Available in a variety of fixed-rate and adjustable-rate loan options.

Benefits

  • Provides a wide range of rate, term and cost options.
  • Does not require upfront or monthly mortgage insurance premiums.
  • Provides the potential for minimal out-of-pocket expenses with seller contributions.

Considerations

  • Requires you to pay a one-time VA funding fee that can be financed into the loan amount.
  • Financing available for your primary residence only.