Zero down. No monthly mortgage insurance.
The strongest program available if you're eligible — no down payment, no monthly MI, and competitive rates for veterans, active duty and surviving spouses.
No down payment and no monthly mortgage insurance is a combination no other program offers. On a $600,000 purchase, skipping PMI alone can be worth several hundred dollars a month — money that never comes back once you've paid it.
You can use a VA loan more than once. Entitlement can be restored after a sale, and you can sometimes hold two VA loans at once when relocating. Plenty of lenders handle this badly, or tell veterans they've used up a benefit they still have.
There's a one-time funding fee that can be rolled into the loan, and it's higher on subsequent uses. If you have a service-connected disability rating, it's waived entirely — and if you were charged one before a rating was granted, you may be owed a refund.
Fifteen minutes and you'll know — including if the answer is a different program entirely.
Yes. Entitlement can be restored after you sell and pay off a prior VA loan, and in some relocation cases you can carry two VA loans at the same time using remaining entitlement.
Not with full entitlement. VA loan limits were removed for borrowers with full entitlement, so the ceiling is what you qualify for, not an arbitrary cap.
Not if you have a service-connected disability rating — it's waived. Otherwise it's a one-time fee that can be financed into the loan rather than paid at closing.
Fifteen minutes on the phone will tell you more than an hour of reading. No pressure, no obligation.