VA Loans


A VA loan, backed by the U.S. Department of Veteran Affairs, offers significant benefits for US service members, including no down payment, no Private Mortgage Insurance (PMI), and the possibility for sellers to cover closing costs. Eligibility extends to active duty or honorably discharged members, and certain reservists and National Guard members. The VA Streamline Refinance option allows existing VA loan holders to reduce their interest rates with minimal additional costs. Disabled Veterans may be exempt from the funding fee, which varies based on duty status and other factors.

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