VETERAN’S ADMINISTRATION or “VA” Loans are available for active, non-active and retired Army, Air Force, Marine, Navy, National Guard and Coast Guard vets who meet the established service requirements.
To determine your ability to participate in this program, just provide your Certificate of Eligibility (COE) or your Discharge/ Separation Form (DD214). If you do not have your COE, you can request one using Form 26-1880.
Some of the highlights of the of this program are:
- Borrower receives 100% financing
- Monthly mortgage insurance (PMI) is not required
- Available for both purchases and refinancing your current mortgage
- Seller may pay for various items required for the loan