Veteran’s Advantage

Veterans have an advantage. 

It’s a VA Home Loan!

About Veteran’s Administration (VA) Home Loans

VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners with a loan that has no down payment requirement. As part of the VA’s mission to serve you, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

Originally part of the Servicemen’s Readjustment Act of 1944, commonly referred to as the G.I. Bill, the VA home loan benefit was introduced along with a host of programs designed to assist service members returning from World War II.

This special program is hands-down the best mortgage program in the marketplace for those who qualify. The VA home loan requires zero money down from the borrower, common sense credit guidelines and reduced closing costs as well.

And while a VA loan has no down payment requirement, the interest rates are as competitive as any and there is no monthly mortgage insurance payments compared to other reduced down payment mortgage programs. VA loans come with a government-backed guarantee on all VA mortgage programs and have the highest performance rate of any mortgage product in the industry.

No down payment, reduced closing costs and easier qualifying is why more than 20 million have taken advantage of this very special home loan.

VA Home Loan Programs

Who is Eligible for a VA Home Loan?

Basic Loan/Lender Requirements

What’s the Process?

Funding Fee and Closing Costs

Frequently Asked Questions (FAQ’s)

Our Preferred VA loan partner:

Scott Ferguson, Mortgage Loan Officer

NMLS# 659406, Licensed in Virginia

(757) 373-9007 Direct Line

scott.ferguson@caliberhomeloans.com

www.caliberhomeloans.com/sferguson