The VA home loan program, backed by the US Department of Veterans Affairs. It's a great home loan option to help veterans, reservists, active duty and retired military personnel afford a home. These government-guaranteed loans are ideal if you’re a qualified borrower without a lot of cash. 

We’d be honored to help you settle into a comfortable home and enjoy special financing options made available through the VA loan program.

What VA mortgages can provide:

  • 100% financing available

  • Easier qualifying terms and no monthly mortgage insurance

  • Choose from a fixed or adjustable rate

  • Add up to $6,000 to your mortgage for energy-efficiency improvements

  • Up to 90% cash out financing available 

Call 757-877-2444 to Apply For A VA Loan

How does a VA home loan work?

With a VA home loan backed, the US Department of Veterans Affairs guarantees part of your loan. That means if your home loan goes into foreclosure, the guarantee allows us–your lender–to at least recover some of our losses. 

That guarantee translates to less risk for us and helps us approve you for the financing and it helps you get more favorable loan terms. According to the US Dept. of Veterans Affairs, about 90% of all VA-backed home loans are made without a down payment.

Find out if a VA loan is right for you. Call us at 757-877-2444.

VA home loan FAQs

Q: What does your credit score need to be for a VA home loan?

A: Similar to traditional loans, there are credit score requirements to get approved for a VA home loan. Credit score is important but it’s not the only factor. Call 757-877-2444 to discuss your options with one of our experienced mortgage professionals.

Q: What are the interest rates for VA home loans?

A: With a VA home loan, you may be eligible for lower interest rates and better loan terms than you’d normally qualify for. Although rates still depend on your credit score and other factors, you can get an idea of what to expect by viewing our Loan Rates page here

Q: Can you get a VA home loan if you work for the VA?

A: VA loans are for active duty and veteran members of the military, as well as their spouses. Civilians who are or have not served in the military are likely not eligible for this program. To check your eligibility, call one of our VA home specialists at 757-877-2444.

Q: Do you pay closing costs on a VA loan?

A: When using a VA home loan, you will be responsible for the closing costs associated with your home purchase. That means the closing costs will factor into the out-of-pocket costs for purchasing your home. These costs typically add up to 1-5% of the loan amount. 

Q: What will cause VA loans to get disapproved?

A: Just like any loan, there are many factors that come into play during the VA loan process. Ultimately, each person is in a unique situation that dictates how the loan gets managed. 

With that said, common reasons that prevent or delay VA loans from being approved include: missing files and paperwork errors, employment changes, major purchases made during the process, and military status. Call us at 757-877-2444 to check your VA loan eligibility.

Q: Can a VA home loan close in 30 days or less?

A: Yes. Despite the myth that VA loans take a long time to close, the truth is they’re not far off from the overall average. According to Military Times, the average time to close for all loan types is 46 days. Compare that to 49 days–on average–for VA loans. Like traditional loans, the cost of the home and other factors impact how long it will take you to close on your home. 

Q: How many times you can use a VA home loan?

A: With some exceptions, VA home loans are not one-time use options. You can continue to take advantage of the US Department of Veterans Affairs program for additional homes after you’ve used it the first time. To get the process started, contact us at 757-877-2444.


Get started with your VA home loan today

Whether you’re ready to start the loan application process or you have some questions before proceeding, we’re here to help. Get in touch with us by calling 757-877-2444 or contact us online here.