More than 29 million veterans and service personnel are eligible for VA financing. VA loan / mortgage programs are for veterans, active duty military personnel and certain members of the reserves and National Guard. VA loan programs provide an excellent product and benefit for those individuals who have served or are serving to protect our families and our nation.
VA loans provide fixed, competitive rates with 15 or 30-year terms. Qualification is easier, even with less-than-perfect credit. Unlike other loans, you can refinance up to 100% of your home or purchase with no down payment, and there’s never a monthly insurance (PMI) charge with VA loans.