VA Loan

If you are looking to purchase a home with no money down, and you are a veteran, you're in luck. A VA mortgage loan can be guaranteed with no money down.  As an added bonus, there is no private mortgage insurance requirement with a VA guaranteed loan.

And, the VA even offers help for those looking to refinance through the VA interest rate reduction loan, which is part of the Streamline Refinancing Program, This program allows veterans to refinance at little or no expense at closing. Your lender and local VA rep can give you all the details you'll need to take full advantage of your VA home loan benefits.

In addition to not requiring a downpayment, the government limits the amount of closing costs and origination fees that lenders can charge, as well as the appraisal fees. VA loans are available to some veterans, active service members, reservists and members of the Public Health Service.

VA rates are generally in line with Conventional mortgage rates, but because there is no monthly mortgage insurance premium, a VA loan can actually be a better option.

To determine if you qualify for a VA loan, click Apply Now.