What is VA Loan?

A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction. The VA does not originate loans, but sets the rules for who may qualify, issues minimum guidelines and requirements under which mortgages may be offered and financially guarantees loans that qualify under the program.

VA helps Veterans and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

 

Available Products


Product Name Description

VA Home Loan

VA home loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). VA loan limit has increased for 2018, up to $453,100 from $424,100 in most areas.

VA Loan Limits for High-Cost Counties

The VA loan limit for 2018 is $453,100. But it could actually be substantially more if you buy a home in a high-cost country. See the maximum for your country.

VA Loan Down Payments and Maximum Loan Amounts

Learn about the VA Loan program and compare the top VA Lenders.

VA Home Loan Requirements

Learn about your eligibility for the VA Loan Guaranty Service.

VA Funding Fee 2018

VA funding fee is charged by the VA to be able to not require PMI on VA loans. Check out the 2017 VA funding fee charts for purchase and refinance.