VA Loans

What Is A VA Loan?

VA loans are guaranteed and insured by the federal government through the Department of Veterans Affairs. VA mortgages typically offer more flexibility than other mortgage types, which makes them extremely attractive to both active-duty members of the military and those who served in the past.

Who qualifies for a VA Loan?

In order to qualify for a VA loan, you must be an active duty military or a veteran (including Reserves and National Guard).

• Other income and credit qualifications apply.

The Benefits Of The VA Home Loan Program

There are many benefits of purchasing a home with a VA loan.

• Up to 100% financing is available.
• No mortgage insurance is required.

Under certain conditions, surviving spouses of active-duty members or veterans are eligible for Veterans Administration loans.

• Monthly payment loan amounts are competitive vs. conventional loans
• Interest rates are incredibly competitive.
• Credit score qualifications and debt to income ratio are not as stringent.
• With VA loans, sellers can contribute as much as 4% of closing costs.
• Refinancing & cash-out loans are available.

VA rate reduction programs are available, with no appraisal and no income options. Call us for details.

Apply For A Veterans Administration Loan Today

At Better Lending, we are a VA approved lender and we are committed to helping the current and former members of our Armed Forces realize the American dream of buying a home. Contact us today to see if you are eligible for a VA loan and learn more about why so many past and present military personnel have chosen us to be their trusted Veterans Administration home loan lender.