No Down Payment Loan Program for Veterans Available

VA Loans

This loan is insured by the US Department of Veteran Affairs (“VA”). A VA loan allows Veterans to secure financing with no down payment and flexible underwriting guidelines. Veterans and their spouses may be eligible for this attractive financing option.

Dad pushing daughter on swing
Mom walking with daughter

Loan Highlights

  • No down payment required
  • A minimum FICO® Score of 620
  • Fixed rate and adjustable rate loans available
  • Loans available for single-family homes, 1-4 unit properties and condos
  • Home sellers may pay all reasonable and customary closing costs
  • Home sellers may also contribute up to 4% of the sales price in seller concessions, which you can use to cover the cost of property taxes, home insurance, discount points over 2%, or to pay off borrower judgments or collections
  • A surviving spouse of a veteran who lost his/her life during service may also be eligible for the no down payment VA loan
  • Disabled Veterans may not have to pay the VA funding fee

Have Questions? Let’s Chat.

Call us today at (888) 379-0303 for a Free Consultation and to learn if a USDA loan may be right for your situation.

Nice new homes

Loan Requirements

  • You must have a valid Certificate of Eligibility with enough entitlement to cover the loan
  • The home must be your primary residence, this means you live in the property full-time, year-round
  • You or your spouse must occupy the property within 60 days of closing or have the VA approval to move in later
  • You must prove you can afford the loan payment by proving you have stable income and employment and don’t have excessive debts

Other terms and conditions will apply. Contact a Mortgage Loan Originator for more information.

Luxury Mortgage Logo

We're dedicated to helping borrowers find the right home loan program for their situation. Contact us today for a free quote and consultation.

Call us today: (888) 379-0303

Equal housing lender logo