Get prequalified for a basic estimate of what you may be able to borrow.
These rates and APRs are current as of $date and may change at any time. They assume you have a FICO® Score of 740+ and no down payment, that the loan is for a single-family home as your primary residence and that you will purchase up to one mortgage point.
Mortgage points, or discount points, are a form of prepaid interest you can choose to pay up front in exchange for a lower interest rate and monthly payment. One mortgage point is equal to about 1% of your total loan amount, so on a $250,000 loan, one point would cost you about $2,500. Connect with a mortgage loan officer to learn more about mortgage points.
Use our mortgage calculator to get an estimate of your monthly mortgage payment.
A 30-year VA mortgage is a home loan with a 30-year term that can have a down payment as little as 0% depending on the applicant’s qualifications. It is available to eligible service members, veterans and eligible surviving spouses.
The VA mortgage approval process works differently than that of a conventional loan. Here’s the general process:
Our experienced mortgage loan officers are committed to helping you through the process—every step of the way.
Here are the benefits a VA loan can offer you:
Here are the VA loan requirements which were last updated by the VA on July 21, 2017. These requirements are summarized below. For more detailed information, contact one of our experienced mortgage loan officers.
Service member eligibility requirements
This list of requirements assumes you were honorably discharged. Also, the requirements are less stringent if you were disabled in the line of duty. The VA determines eligibility of military members by issuing a Certificate of Eligibility that proves the borrower meets all requirements. Your mortgage loan officer will work with you on obtaining your Certificate of Eligibility.
The VA has a set of criteria a property must meet to qualify for a VA loan. These requirements are summarized below.
VA loans are a good option for eligible service members. However, there may be other loan options (FHA, conventional) that are a better choice for what you need. Our mortgage loan officers are dedicated to helping you to determine which loan option is best for you.