top of page

VA Financing

The VA home loan is designed to offer long-term financing to American veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.


Here’s how it works:

  • When purchasing a home, Veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.  VA loans do not require private mortgage insurance (PMI).

  • When refinancing a home or even paying off a conventional mortgage, Veterans may borrower up to 100% of the appraised value as well as obtain cash-out with no requirement for private mortgage insurance (PMI).

  • VA streamline refinance programs are also available (VA IRRRL) when paying off and refinancing an existing VA loan.  For more on this program click HERE.

  • A VA funding fee applies to those which are not exempt (this fee may be financed) and is based off a percentage of the loan amount and paid to the VA.  A schedule of these funding fees can be found HERE.

Vantage offers Veterans a wide arrange of investors to compare for VA financing terms and full access to the programs benefits.  Apply for a VA loan today by contacting a Vantage Loan Consultant. 


Complete your VA Questionnaire HERE when applying for your VA loan.

bottom of page