VA Home Loans

Like many Americans, you may want to take advantage of the current “buyer’s real estate market” to stop renting and purchase a home. If you’re a veteran, an active duty service members, a reservist or guardsman, or the spouse of a deceased veteran, you may qualify for a VA home loan.

VA home loans guarantee up to 25% of the Freddie Mac conforming loan limit for single-family residences. You can use a VA home loan to buy a home, condo, manufactured home, or a lot for a manufactured home. You can also use a VA home loan to build, repair or improve a home, or refinance an existing loan.

To apply for a VA guaranteed loan, you will first need a Certificate of Eligibility. If you are contemplating using this veterans benefit, apply for the certificate now and keep it with your important documents. The VA loan is available through private lenders and banks, and you can apply for it directly through those institutions once you have your Certificate and are ready to act.