VA Loans

Veteran's Affairs (VA) Loan: A $0 Down Mortgage Option Available To Veterans, Service Members, and Select Military Spouses

The VA Loan program offers a $0 down mortgage option to eligible military service members and their spouses. The VA loan program has been around for over 75 years. It was established in 1944 to help veterans purchase homes and start a new life after serving our country. This mortgage program is administered by the Department of Veterans Affairs (VA). It provides the opportunity for eligible service members and their spouses to purchase homes with no down payment.

VA loans are an option for eligible veterans who are looking to buy a home or refinance their existing mortgage. VA loans can be used for any property, including single-family, multi-unit, and commercial properties. A government-backed mortgage, VA loans can be used for home purchases and refinancing. These loans are often referred to as "no-down-payment" mortgages because they require no money down. This means that you don't need to put any cash down to purchase a home. You can get a VA loan even if your credit score is less than 620.

Are you interested in buying a home but worried about how you'll get approved for a VA loan? If so, don't worry! You're not alone. Many homeowners are concerned about their eligibility for a VA loan because they've heard stories of people who were turned down for a loan. And there's no doubt that being denied a loan can be discouraging. But, you may be surprised to learn that many veterans and other military members qualify for a VA loan.

When you're ready to start your VA loan, check your eligibility or have questions on VA loan, contact us now at A+ Home Loans today.