VA loans are available to Active Duty Military, Veterans and Reservists. VA loans give you the ability to buy with no out of pocket cost. We are also able to pay off some consumer debt with VA loans as well. The loan maximum is $417,000 including the VA imposed Funding Fee. VA loans require no mortgage insurance, monthly payments are frequently less than any other no down payment loan. If you have a high interest rate VA loan, there is a low cost Interest Rate Reduction Loan (IRRL) program which allows you to refinance and lower your VA mortgage payment inexpensively.
I have included some specific qualification guidelines for VA loans participation.
I have a page describing the VA IRRL (Interest Rate Reduction Loan) program.
I have included information on the various VA Funding Fees as well.
For more information on your entitlement, please see the VA Entitlement page.
I have included a page on documentation requirements.
Read more about VA loans Closing Costs
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Prequalify for your VA Loans.