VA Loans

Administered by: U.S. Department of Veterans Affairs · Federal · Government-Guaranteed Mortgage

Funding status: Active

How much assistance

No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) (Government-Guaranteed Mortgage)

Eligibility

  • First-time buyer required: No
  • Geographic restrictions: Available nationwide; primary residence only
  • Homebuyer education required: No
Visit program website

Notes

VA guarantees the loan; private lenders originate. 0% down payment. No PMI required. No VA minimum credit score; most lenders require 620+. VA Funding Fee: 2.15% first use / 3.3% subsequent use (0% down); exempt for service-connected disability. Eligible: active-duty (90+ days wartime, 181+ peacetime), veterans, National Guard/Reserve (6+ years or 90+ days active), surviving spouses. Requires Certificate of Eligibility (COE). Entitlement is restorable after payoff. No prepayment penalty. DTI generally 41%.

Available Statewide In