For those who served
VA Loans
Financing for veterans, active-duty service members and eligible surviving spouses.
How VA loans work
If you have served, the VA loan is very likely the best financing available to you, and it is worth understanding properly rather than assuming you know how it works. No down payment. No monthly mortgage insurance, not reduced, none. And competitive rates, because the Department of Veterans Affairs guarantees a portion of the loan.
It is also reusable. Many veterans assume the benefit is a one-time thing they may have already spent. Entitlement can be restored after a sale, and in some circumstances you can hold more than one VA loan at once. If someone once told you that you had used yours up, it is worth a second look.
The VA funding fee is the main cost to understand, and it varies with your down payment and whether you have used the benefit before. Veterans receiving compensation for a service-connected disability are typically exempt from it entirely.
Common around HarrisburgCharlotteFort Mill
FAQ
VA questions
Do I really need no down payment?
For most eligible borrowers, yes, full financing with no down payment is the core of the benefit. Putting money down is optional and reduces the funding fee, but it is not required.
I used my VA loan before. Can I use it again?
Very likely. Entitlement can be restored after you sell a home financed with a VA loan, and in some cases you can hold two at once. This is one of the most commonly misunderstood parts of the benefit, so ask rather than assuming.
What is the VA funding fee?
A one-time fee that helps sustain the program. The amount depends on your down payment and whether this is your first use of the benefit, and it can be financed into the loan. Veterans receiving compensation for a service-connected disability are generally exempt.
Do I need a Certificate of Eligibility before we talk?
No. We can help you obtain it. Start with a conversation and we will handle the paperwork side.
Other programs worth a look
- Conventional Loans Competitive rates, flexible terms and low monthly payments for buyers with good credit and steady income.
- FHA Loans Government-backed financing built for buyers with limited savings or a shorter credit history.
- USDA Loans Zero-down financing for eligible homes in rural and many suburban areas across the Carolinas.
- Jumbo Loans Financing for homes priced above conforming loan limits, with underwriting handled personally.
- DSCR Loans Investment property financing that qualifies on the rental income the property produces, not on your personal tax returns.
- First-Time Buyer Programs Low down payment loans, grants and flexible approval paths for buyers purchasing their first home.
Let's find out what you qualify for.
Start with a conversation. If it makes sense to go further, we will, and if it does not, you will know that too.