Loans from the U.S. Department of Veterans Affairs (VA) are available to eligible U.S. military veterans, active duty service members, National Guard, Reservists, and surviving spouses who have not remarried. VA Loans are issued by qualified mortgage lenders and guaranteed by the VA.
Benefits & Features
Minimum FICO® credit score of 620
No minimum down payment required on purchase
Closing costs of up to 4% may be rolled into the mortgage amount
Mortgage Insurance is not required
Who can get a VA Loan?
To qualify, typically you must have served:
Or you must be the surviving spouse of a service member who died in the line of duty or as a result of a service-related disability.
- 90 consecutive days of active service during wartime OR
- 181 consecutive days of active service during peacetime OR
- more than six years of service in the National Guard or Reserves
Or you must be the surviving spouse of a service member who died in the line of duty or as a result of a service-related disability.
