Veterans Affairs Loans (VA)
Qualifications for VA Loans
The U.S. Department of Veterans Affairs (VA) have programs for veterans, They can be active duty service members, National Guard members, reservists, and their families.You may be eligible for a VA loan if you meet at least one of these conditions:
You served for a minimum of 90 consecutive days during wartime
You served for a minimum of 181 days during peacetime
You served in the National Guard or the Reserves for more than six years
Your spouse, who is a service member, died in the line of duty or because of a service- related disability
A VA loan does not require a down payment and its average interest rates are usually lower than traditional loan types. It has relaxed credit requirements and limits on closing costs to help vets get into a home.
Apply for VA Loan