The VA (Veterans Administration) Loan provides veterans with a federally guaranteed home loan, which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.
- No down payment required
- Flexible income, debt, and credit requirements
- Down payment and closing costs may be funded by a gift, grant or secured loan
- For homebuyers with the following consideration points:
- Qualified veterans, reservists, active-duty service members
- Low-to-moderate income
- Limited savings
*Check with your regional VA office to determine your eligibility.