Home Loan Learning Center

VA loans are an excellent way for eligible veterans to become homeowners. Backed by the Department of Veteran Affairs, they offer favorable terms, such as no down payment and low interest rates, to help veterans and service members on active duty buy their homes. What ...

Mortgage insurance can increase monthly payments. Unlike most mortgage types, VA loans do not require borrowers to pay mortgage insurance. Instead, borrowers must pay a funding fee at closing. That’s because the VA loan program is backed by the Department of Veterans Affairs, which assumes ...

For many veterans and active-duty service members, VA loans represent a golden opportunity to achieve their dream of buying a VA home. These government-backed loans for eligible veterans or their surviving spouses come with favorable terms, such as zero down payment requirements and a competitive ...

VA loans are a great way for veterans and active-duty service members to achieve homeownership on favorable terms and without a down payment. VA loan beneficiaries can also transfer their VA loan to a homebuyer when they decide to sell their home. The homebuyer assumes ...