VA
For those who have served. Often the strongest option available.
Drake explains this one himself
Every program on this site gets a short video from Drake — the same explanation he would give you on a call, so you can hear it before you ever have to make one.
This one has not been recorded yet. Until it is, the writing below covers the same ground.
What it is
A VA loan is guaranteed by the Department of Veterans Affairs and is available to eligible veterans, active-duty service members, National Guard and Reserve members, and some surviving spouses.
If you are eligible, it deserves a serious look before anything else. The terms are difficult for other programs to match.
Who it may suit
- Eligible veterans and active-duty service members
- Eligible National Guard and Reserve members
- Some surviving spouses of service members
Worth knowing
- Many eligible buyers can purchase with no down payment, and VA loans do not carry monthly mortgage insurance.
- A VA funding fee usually applies and can typically be financed. Some borrowers, including many with a service-connected disability rating, are exempt from it.
- You will need your Certificate of Eligibility. If you do not have it, that is something I can help you request.
General information only. Program guidelines change, and what you qualify for depends on a full review of your situation. Nothing on this page is a commitment to lend or an offer of credit.
Not sure whether VA is the one?
That is the normal position to be in. Six short questions and I will tell you which programs are actually worth comparing for your situation.