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VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners

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As part of our mission to serve you, we 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.

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Purchase Loans Help you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance

Benefits

Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.

Your length of service or service commitment, duty status and character of service determine your eligibility for specific home loan benefits.

Eligibility now includes National Guard members with at least 90 days of active service including at least 30 consecutive days under Title 32, Sections 316, 502, 503, 504 or 505.

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Purchase Loans and Cash-Out Refinance: VA-guaranteed loans are available for homes for your occupancy or a spouse and/or dependent (for active duty service members).

To be eligible, you must have satisfactory credit, sufficient income to meet the expected monthly obligations, and a valid Certificate of Eligibility (COE)

Interest Rate Reduction Refinance Loan (IRRRL): The IRRRL is a "VA to VA" loan, meaning it can only be done if you have an existing VA guaranteed loan on the property.

The IRRRL is generally performed to lower the interest and reduce the monthly payment on the existing VA guaranteed loan. 

Native American Direct Loan (NADL) Program: The NADL program helps Native American Veterans purchase, construct, improve, or re-finance a home on Native American trust lands

Your tribal organization must participate in the VA direct loan program. You must have a valid Certificate of Eligibility (COE).