What are VA loans?
What is a VA Loan?
This type of loan is an attractive option for Veterans, as it is fairly easy to qualify for and does not require a down payment.
How does a VA Loan Work?
What are VA Loan Requirements?
- You are an active-duty service member or an honorably discharged veteran who has 90 consecutive days of active service during wartime or 181 days of active service during peacetime.
- You have served more than six years in the National Guard or the Selected Reserve.
- You are the spouse of a service member who died in the line of duty.
If you decide to go through the application process, you will need a Certificate of Eligibility (COE) to show mortgage lenders you qualify for a VA loan. You can apply for a COE through the VA website, by mail or through your lender.