Should I use a VA Home Loan to buy a home?

The VA Loan is a mortgage loan issued by approved lenders and guaranteed by the U.S. Department of Veterans Affairs (VA). The program was created in 1944 by the United States government to help returning service members purchase homes without needing a down payment or excellent credit. This historic benefit program has guaranteed more than 22 million VA loans to help veterans, active duty military members and their families purchase homes or refinance their mortgages.

VA loans may not be the best option for a veteran if your credit is 620 or above, if you have purchased a home before using your VA benefits or if you are only going to be in your home for 1-4 years.

The form below will help you find what is the best solution for your current situation!