VA Home Loans

VA loans are a key benefit for U.S. veterans, offering competitive interest rates, no down-payment loans, no required mortgage insurance, less rigorous underwriting standards and seller concessions of up to eight percent. Veterans have the ability to refinance up to 80 percent of their home's appraised value and have an excellent option for cash-out refinancing.

Servicemen and women may now apply while deployed and recent legislation makes hybrid, adjustable-rate VA loans permanent with limits on annual interest-rate increases. Additionally, the standard VA loan limit is $424,100 for 2017, although this limit is even higher in some areas of the country.

Benefits of VA Loan:

• Easy to refinance
• No down payment necessary
• No required mortgage insurance
• Competitive interest rates
• Less rigorous underwriting standards
• Seller concessions of up to eight percent

What You Need:

• Your driver's license
• Your social security card
• Payment stubs for the past month
• Contact information for your landlord
• Copies of your past two tax returns if you are employed
• Copies of your past three tax returns if you are self employed
• An accounting of regular monthly bills, including account numbers
• A profit and loss statement for the current year if you run a business
• Three months of statements for all of your savings and investment accounts
• Certificate of eligibility