VA Home Loans
Most everyone hopes to one day own his/her own home. With low interest rates and ever-faster appreciating home values, now is a great time to purchase a new home. The Veteran Loan Center is here to help both those who qualify for benefits under the VA and those who are looking for conventional home financing. We are here to help you each step along the way from the qualification process to closing. Complete the short form found to the upper right or click below to start your loan process.

Veteran Loan Center
Veteran Loan Center
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VA Loan Refinance
Obtaining a VA-funded refinance is much easier than the qualification process for an initial home purchase because the process can be streamlined. Since we are VA experts, we can help you get the best rates on your refinance, which can save you thousands of dollars over the course of your loan while allowing you to take cash out or lower your monthly payments. Get started by completing the short form to the upper right or clicking below. A VA Loan Specialist will review your information and contact you directly.

Veteran Loan Center
Veteran Loan Center
Click Here To Start Now!

Who Qualifies for a VA Loan?

There are several different eligibility requirements you must meet to qualify for a VA Loan. If you are not sure if you will qualify, you should speak with a mortgage broker or a VA Loan Specialist. One of the first steps toward getting a VA Loan is to complete a Certificate of Eligibility.

You may qualify for a VA Loan if you fall into one of the following categories:

  • Active-duty Veterans discharged during WWII or later, without the status of "dishonorable"
  • Active-duty Veterans with at least 90 consecutive days of service during major conflict
  • Peacetime Veterans and active-duty personnel with at least 180 days of consecutive service
  • Enlisted Veterans whose service began after 1980, or officers whose service began after 1981, and who have served at least 2 years.

National Guard and selected Reserve members may also qualify. Check your eligibility with a qualified VA Loan Specialist if you have any questions.

What Can I Do with a VA Loan?

You can use your VA Loan to purchase a house, condominium, or townhouse. You can also build a home, make energy-efficient home improvements, or refinance your mortgage.

Why Would I Want A VA Loan?

There are several reasons why a VA Loan may be preferable to a standard loan. Most importantly, if you qualify, you may obtain a VA Loan even if you did not qualify for other loans. There may be no down payment required for a VA Loan, depending on the lender. VA Loans often have lower interest rates than conventional loans, and many times you can negotiate the interest rate with the lender. There are no mortgage insurance premiums on VA Loans, and assumable mortgages are permitted. Closing costs can be lower than other forms of financing, and there is no penalty for prepaying your mortgage. In addition, VA assistance due to temporary financial difficulty is available to those who qualify.

How Much Money Can I Borrow?

The VA does not put a cap on how much money you can borrow. This is determined by the lender, typically a bank, savings and loans, or mortgage company. The basic entitlement of a VA Loan is $36,000, but some loans are eligible for $60,000 if they are over $144,000. A lender will often loan up to four times the amount of the basic entitlement without requiring a down payment.

Limit increase! Although there is no set maximum limit the VA allows you to borrow with your entitlement, most lenders and financial institutions will not approve a total of over $417,000. Lenders typically sell VA loans in a secondary market, where the cap for a loan limit is $417,000.

Veterans who have already taken out a VA home loan in the past may be eligible for remaining entitlement for any unused previous balance. Because entitlement amounts have increased over time, many people with prior VA loans may be eligible for more money now than they were previously. Complete our form or call us today to find out if you qualify.

VA Loan History

The VA Home Loan Guaranty Program was established in 1944 to aid Veterans returning from war. The goal of VA Home Loan Benefits was to help Veterans purchase or refinance a home in gratitude for the sacrifices they made by serving our country.

Complete the VA online loan request. This will help you find out how much money you can save on a VA Loan, how to get pre-approved, and can provide you with free advice and assistance regarding your VA Loan. They can also educate you on current VA Loan rates.



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