What is a VA Mortgage Loan?

VA mortgage loans are a powerful home financing benefit backed by the U.S. Department of Veterans Affairs (VA). Because the VA guarantees a portion of the loan, lenders take on less risk—which means better terms, lower costs, and more flexibility for you.

These loans are available to active-duty service members, veterans, and eligible surviving spouses, including widows/widowers and spouses of veterans who are missing in action. It’s one of the most valuable benefits tied to military service—and one that too often goes underused.

Why VA Loans Stand Out

VA loans are designed to remove common barriers to homeownership:

  • No down payment required in most cases
  • Lower interest rates compared to conventional loans
  • No private mortgage insurance (PMI)—ever
  • More flexible credit and income guidelines
  • Lower closing costs than most conventional options

In short: more buying power, lower monthly payments, and less cash out of pocket.

Our Commitment to Veterans — In Partnership with VetLife

We’re proud to partner with VetLife, an organization dedicated to improving the financial, mental, and personal well-being of veterans and their families. VetLife focuses on education, advocacy, and real-world support—helping veterans navigate life after service with confidence.

Battle Buddy: Support in Your Pocket

VetLife also created Battle Buddy, a free app built specifically for the veteran community. Downloading Battle Buddy gives you:

  • 24/7 peer support from people who understand military life
  • Mental health and wellness resources
  • Community connections and events
  • Direct access to trusted partners, including mortgage and financial guidance

Think of Battle Buddy as a modern extension of the military bond—your go-to resource for support, connection, and opportunity, all in one place.

Serving Those Who Serve

VA loans aren’t just another mortgage product—they’re a benefit you earned through service. By combining the strength of the VA loan program with the mission of VetLife and the tools provided through Battle Buddy, we help ensure veterans and their families are supported financially, personally, and long after the loan closes.

Types of VA loans

Purchase Loan – to build or purchase a residential property

Native American Direct Loan (NADL) – must be a Native American veteran or veteran married to a Native American to qualify

Interest Rate Reduction Refinance Loan (IRRRL) – must be in an existing VA loan looking to reduce your monthly payment

Cash-out Refinance – borrow against your home equity to pay off debt, make home improvements, take a vacation, etc.

Requirements

  • VA loans require a Certificate of Eligibility, or COE.
  • The VA will insure a maximum of 25% of your loan amount.
  • There is also a required VA funding fee that can be as high as 3.3%.
If you meet certain requirements, you may be exempt from paying the VA funding fee.
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