The Veterans Administration loan program enables veterans and active duty personnel to purchase or refinance a home with favorable loan terms.
Features and Benefits:
- Rate & Term-Streamline Refinance.
- No Origination Fees.
- No Underwriting Fees.
- No Appraisal.*
- No Income/Asset documentation.
- No Processing Fees.
- No out of pocket expenses.
- No down payment.
- Seller paid closing cost allowed.
- Use your VA Eligibility more than once.
- 15- or 30-year fixed-rate mortgage.
- 3- or 5- year adjustable-rate mortgage.
- Loan amount up to $625,500.
- 1-4 unit property.
Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.
*Depending on current loan servicer.