VA Purchase loan details including max LTV of 100%, no minimum credit score, eligible property types, occupancy types, and loan terms. Offers competitive rates for veterans.

Purchase with No Down Payment

Key Loan Details (Purchase)

  • No Down Payment Required: Finance up to 100% of your home purchase, eliminating the need for a down payment.

  • No Monthly Mortgage Insurance: VA loans don’t require mortgage insurance, presenting a significant long-term savings opportunity compared to other loan types.

  • Flexible Underwriting Criteria: VA DOES NOT have a minimum credit score requirement. The program also offers lenient underwriting standards, which accommodate higher debt ratios and other typically disqualifying factors.

  • Rehab options: Financing repairs and upgrades.

  • VA Interest Rate Reduction Refinance Loan (IRRRL): Refinance an existing VA loan to reduce the interest rate. With no requirement for an appraisal, income documents, or a credit report.

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