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.
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