Are you waiting for a house where to rest

VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.   

Benefits
Purchase Loans
 help you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance. Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.

Interest Rate Reduction Refinance Loan (IRRRL): also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan.

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Reasons to get a VA Home Loan

The VA Loan program is the most powerful home loanprogram on the market for many veterans, service members and military families. These flexible, government-backed loans come with significant benefits that open the doors of homeownership to veterans who might otherwise struggle to obtain financing. apply today.

Down Payment Option

Easily the greatest benefit of the VA mortgage is the lack of a down payment required for an approval. The VA knew that returning servicemen would have to take months and even years to save up enough money for a down payment on a home as well as understanding how home ownership helps an economy move forward. This no down payment feature is the best of all benefits and nearly all VA home loans are used with zero down payment from the veteran.

Interest Rates

Even though there is no down payment from the borrower the interest rates aren’t adjusted upward. VA interest rates are just as competitive with loan programs underwritten to Fannie Mae and Freddie Mac guidelines. In fact, they’re much lower when compared to conventional loans with 5.00 percent down. For example, a 30 year interest rate with 5.00 percent down on a $200,000 loan might be around 4.00 percent while a similar VA rate about one-half percent lower. To get a conventional rate down to 3.50 percent might require a 20 percent down payment or a credit score of 740 or above.

Private Mortgage Insurance

Unlike FHA, Fannie Mae or Freddie Mac loans with down payments less than 20 percent, VA loans require no monthly mortgage insurance premium which will increase the monthly payment and can seriously impact qualifying. Using the same example as above, on a 30 year, 5.00 percent down $200,000 mortgage, the private mortgage insurance premium can add another $165 to the monthly payment.

Ease of Refinancing

The VA loan program offers a special refinance program to its borrowers called the Interest Rate Reduction Refinance Loan, or the IRRRL. Lenders and consumers alike sometimes refer to this program as the VA Streamline.

It’s so called due to the reduced amount of documentation required as well as a relaxed approval process. As long as the borrower is lowering the interest rate on a refinance and not pulling out any cash during the transaction, the loan can be approved with no documentation of income, assets or even a credit score.

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All loans are not created equal, personal loan has become a great option for people to use.

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Whatever your financial goals are, we can find a loan to fit you. Look for loans that fit your timeline, your budget and your goals

Advisor For Life

Our relationship will not end after your transaction. Seed’s goal is to be your trusted mortgage advisor for years to come.

One-day verified pre-approval

Our advisors will review your financials and get you a verified letter within 24 hours, any day of the week. 

Integrity & Transparency

our consultants will notify you exactly where you are in the process every step of the way. Our focus is you.

Eligibility Requirements

Your length of service or service commitment, duty status and character of service determine your eligibility for specific home loan benefits.

Purchase Loans and Cash-Out Refinance

 VA-guaranteed loans are available for homes for your occupancy or a spouse and/or dependent (for active duty service members). To be eligible, you must have satisfactory credit, sufficient income to meet the expected monthly obligations, and a valid Certificate of Eligibility (COE).

Interest Rate Reduction Refinance Loan (IRRRL)

The IRRRL is a “VA to VA” loan, meaning it can only be done if you have an existing VA guaranteed loan on the property. The IRRRL is generally performed to lower the interest and reduce the monthly payment on the existing VA guaranteed loan. 

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

  • Buy an existing home, or purchase a townhouse or condominium unit in a project that has been approved by the VA,
  • Purchase a multi-unit property (up to a four-plex), provided you occupy one of the units as your primary residence,
  • Build a home (It can be tough to find VA lenders willing to make true $0 down construction loans; Veterans United doesn’t currently provide construction financing),
  • Refinance your existing VA loan into a lower rate or out of an adjustable-rate mortgage,
  • Refinance a non-VA loan into the VA loan program,
  • Purchase or refinance and include qualified energy efficiency improvements with a VA Energy Efficient Mortgage,
  • Buy a manufactured (mobile) home and/or lot, buy and improve a lot on which to place a manufactured home which you already own and occupy or refinance a manufactured home loan in order to acquire a lot (It can also be difficult to find VA lenders that will loan on manufactured housing; like a lot of VA lenders, this isn’t something we offer),
  • Refinance into a lower interest rate and/or extract cash from equity.

Click here to verify your FHA loan eligibility now.

U.S. veterans, reservists, active-duty military personnel, National Guard and surviving spouses of veterans with available entitlement.

Check today’s FHA rates here.

About 9 in 10 VA home buyers purchase with no money down. Despite that flexibility, these loans have had the lowest foreclosure rate of any loan product for nearly all of the last five years. VA lenders are generally looking for at least a 620 credit score, which is well below what you’d typically need for conventional financing (and that’s going to come with a down payment of at least 5 percent).

Best of all, even in these tough economic times when traditional financing has become difficult to secure, VA mortgages are still making homeownership a reality for the men and women to whom America owes so much.

Service requirements fall into two categories: wartime and peacetime. Potential homebuyers must satisfy only one of the service requirements set forth by the Department of Veterans Affairs to be eligible for a VA Loan.

These service requirements state that veterans who served during wartime must have been on active duty for at least 90 consecutive days. Conversely, those who served during peacetime must have served a minimum of 181 days. Veterans of the National Guard or Reserves must have served for at least six years unless otherwise eligible.

Spouses of service members who died in the line of duty, or as the result of a service related disability, may also be eligible.

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