All loan programsLoan program
VA Loan
Zero‑down financing for veterans, active‑duty service members, and eligible spouses.
Down payment
$0
Min credit score
580 (lender)
Mortgage insurance
None
Funding fee
1.25% – 3.3%
Overview
About the VA loan
VA loans are guaranteed by the U.S. Department of Veterans Affairs. They offer no down payment, no monthly mortgage insurance, and the most competitive rates in the market for those who've served.
Best for
Who this fits
- Active‑duty military
- Veterans with VA eligibility
- Surviving spouses
Pros
- No down payment required
- No PMI ever
- Below‑market interest rates
- Limits on closing costs
- Reusable benefit
Things to consider
- VA funding fee (waived for disabled veterans)
- Property must meet VA appraisal standards
- Primary residence only
Requirements
What you'll need
- Valid Certificate of Eligibility (COE)
- Property must be primary residence
- Meet VA minimum property requirements
- Sufficient income and acceptable credit
FAQ
Common questions
Is the VA funding fee waived for disabled veterans?
Yes — veterans receiving VA disability compensation are exempt from the funding fee.
Can I use my VA loan more than once?
Absolutely. The VA benefit is reusable and you can even have two VA loans at the same time in some cases.
Explore more
