What is the VA funding fee?

A one-time fee (1.25%-3.3% depending on down payment and prior use) that helps fund the VA program. It can be financed into the loan.

Can I get a VA loan with bad credit?

VA sets no official minimum credit score. Lender overlays do, and most sit around 620. Below that, the file is judged on the rest of the credit picture rather than on the number alone.

Can I have two VA loans at once?

Yes, in certain circumstances - typically PCS relocation. Your remaining entitlement determines how much.

Is there a max loan amount?

No hard cap if you have full entitlement. County loan limits only matter for partial entitlement situations.

Loan option

VA Home Loan

VA loans, backed by the Department of Veterans Affairs, are one of the most powerful loan benefits available - and we are proud to help service members use them.

Get a quote Pre-qualify

What VA Home Loan actually is.

The VA Home Loan is one of the most favourable mortgage programs available in the United States, and eligible service members and veterans earned it through service.

Zero down on most files. No monthly mortgage insurance. Reusable entitlement. In exchange there is a one-time funding fee, which is financed into the loan on most files and waived for borrowers with a qualifying service-connected disability rating.

A VA file has its own vocabulary: entitlement, COE, minimum property requirements, BAH and special pay, funding fee exemptions. We document all of it up front, so the conditions that come back from underwriting are about the property rather than about missing paper.

Illustrative sample figures for a template demonstration. Not a rate quote, not an offer to lend, and not live market data.

Who this fits

Active-duty service members (90+ continuous days)
Veterans who served minimum required service
National Guard and Reservists (6+ years)
Surviving spouses of service members

Check whether you qualify

What this program buys you.

$0 Down Payment: Most VA loans require zero money down - keep your savings for moving and emergencies.
No PMI: No private mortgage insurance, ever. A massive monthly savings vs FHA or low-down conventional.
Competitive Rates: VA rates are typically lower than conventional - the VA backing lets lenders price aggressively.
Reusable: You can use your VA entitlement multiple times throughout your life.

The process

Four moves from first call to keys.

Each step has one job and one owner. You always know which of the four the file is sitting in.

01Get Your COEWe request your Certificate of Eligibility from the VA and confirm how much entitlement is available.
02Pre-ApprovalA written pre-approval letter, sized to the offer you are making rather than to your ceiling.
03VA AppraisalA VA-assigned appraiser confirms the property meets MPRs.
04CloseThe funding fee is calculated from your down payment and prior entitlement use, then disclosed before you sign.

Questions this program raises.

If yours is not here, ask it. You will get an answer in writing from the officer who would work the file.

Other programs

Get this priced against your own file.

Tell us the scenario and we will come back with real figures for VA Home Loan, and for the programs you did not ask about, so you can see all of them at once.