VA Loan Limits
Eligible Veterans, services members, and survivors with full entitlement have no limits on loans over $144,000, all without a down payment.
VA Loans Overview
The VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA), issued by participating approved lenders. This program is for American veterans, military members currently serving, reservists and select surviving spouses. The VA itself does not originate loans, but it does set the rules for who may qualify, and it establishes minimum guidelines and requirements for the home loan program. Since the creation of the program, 20 million VA home loans have been insured by the government.
VA Purchase Loan
Looking to buy a home? Learn more about the VA loan program and your eligibility to help you buy using your earned home loan benefits.
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VA Refinance Loan
Find out if you are eligible for a VA IRRRL to help reduce your monthly payments or take cash out of your home equity with a VA Cash-Out.
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There’s No Place Like Your Own Home
Finding you the perfect home loan involves more than looking for the average interest rate - you want to work with a VA lender who can help explain all of your options, including things like points, closing costs and credit score and how they impact your monthly mortgage payment. Our experienced VA loan experts are ready to answer any questions that you have. Working with VeteransLoans.com comes with its benefits too.
- Access to DocuSign® to manage all your loan-related documents.
- Dedicated team from prequalification all the way to closing.
- Responsive communication and frequent loan updates.
Check Your Eligibility
Amanda, US Army, Oregon
Our Popular Home Loan Program
The VA Home loan program offers to VA Loan advantages include:
Zero Money Down
Most home loan programs require you to make a small down payment to buy a home. The VA home loan is an exception.
No Mortgage Insurance
Save cash up front and over the lifetime of the loan by not paying for mortgage insurance.
No Prepayment Penalty
There’s no prepayment penalty or early-exit fee if you decide you want to sell your home or you no longer want to own it.
Easier To Qualify For
Compared to other loan programs, VA loan guidelines tend to be more flexible. This is made possible because of the VA loan guaranty.
Lower Closing Costs
The VA limits the closing cost lenders can charge to VA loan applicants, making this home loan considerably more affordable.
Assumable Mortgage
Most VA loans are “assumable,” which means you can transfer your VA loan to a future home buyer if that person is also VA-eligible.
Trustpilot Reviews
The secret’s out. We are team of experts focused on customer service, culture, and communication.
"From the start to the end amid COVID-19; Jessie, Keeley, & Paul made my refinance process run smooth and simple!! I couldn’t have worked with a better Team than their A-Team!!! Communications is key in a process like refinancing and without it; it can make your whole experience sour. Thank You so much for making it so easy for me!! You guys Rock!!!"
Michaelene
Trustpilot Reviews
"The service and treatment from Michelle Huff and Erin Jensen that we received was excellant. They were courteous, very knowledgeable about the process and always got back to us when we had questions. We will be sure to recommend them to our friends. Our refinance couldn't have been smoother or faster. Thanks"
Sandra
Trustpilot ReviewsVA Regulations and Funding Fees
While a down payment is not required on VA loans, veterans are still responsible for a one-time funding fee and closing costs.
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VA Funding Fee
The VA Funding-Fee is a one-time payment that Veterans, service members, or survivors make when closing on a VA purchase or refinance.
VA Closing Costs
Closing costs may be charged by the lender and may not be included in the loan. Interest rates and closing costs vary from lender to lender.