VA Loans

Eligibility and entitlement

A Certificate of Eligibility establishes benefit eligibility. Income, credit, available entitlement, occupancy, and the property must also meet applicable requirements. Prior VA use does not necessarily prevent using the benefit again.

Costs beyond the down payment

VA loans do not require monthly mortgage insurance. A funding fee may apply unless you qualify for an exemption. Closing costs, prepaid items, and any required down payment still deserve a full review.

Match the program to the goal

A purchase loan, IRRRL, and cash-out refinance have different purposes and requirements. Compare fees and the new balance; a refinance should solve a defined problem rather than simply restart the clock.

Explore the program guides

Before we compare options

• Your purchase price or current loan statement and estimated value.
• Income sources, recurring debts, occupancy, and available funds.
• Your preferred payment range and expected ownership timeline.
• Questions about insurance, points, assistance, or payoff terms.

Common questions