VA Loans

VA loans are mortgage options backed by the U.S. Department of Veterans Affairs, designed to help eligible veterans, active-duty service members, and certain members of the National Guard and Reserves purchase homes. These loans typically require no down payment, have competitive interest rates, and don’t require private mortgage insurance (PMI). They aim to make homeownership more accessible for those who have served in the military. VA loans also include favorable terms like lower closing costs, and they can be used for buying, building, or refinancing a home.