VA Loans
Zero down payment for veterans and service members
VA loans are backed by the U.S. Department of Veterans Affairs and provide eligible veterans, active-duty service members, and surviving spouses with 0% down payment, no PMI, and competitive interest rates. With Naval Base Kitsap nearby, VA loans are one of our most-used programs.
Program Highlights
- ◆0% down payment with full entitlement
- ◆No monthly mortgage insurance — ever
- ◆Competitive rates, typically below conventional
- ◆Funding fee waived for disabled veterans
Best For
- ◆Active-duty service members
- ◆Veterans and reservists
- ◆Eligible surviving spouses
Qualification Requirements
- 01Valid Certificate of Eligibility (COE)
- 02Property must be primary residence
- 03VA appraisal and Minimum Property Requirements
- 04Sufficient residual income per VA tables
Advantages
- +No down payment required
- +No monthly mortgage insurance
- +Lower rates than most programs
- +Assumable by another VA-eligible buyer
Trade-Offs
- –VA funding fee (financed into loan)
- –Property must meet VA standards
- –Primary residence only
How the Process Works
- 01Obtain Certificate of Eligibility
- 02Pre-approval with VA lender
- 03VA-approved appraisal
- 04Close in 25–35 days
Frequently Asked
Do I qualify for a VA loan?+
Most veterans, active-duty service members, National Guard, Reserves with qualifying service, and surviving spouses of service members are eligible. We help pull your Certificate of Eligibility at no cost.
How much is the VA funding fee?+
For first-time use with 0% down, the funding fee is 2.15% of the loan amount. It can be financed into the loan and is waived entirely for veterans with a service-connected disability rating.
Can I use a VA loan more than once?+
Yes. You can restore entitlement after paying off a previous VA loan, and you can use partial entitlement to finance a second home in certain situations.
Ready to Get Started?
Apply online in minutes or talk through your scenario with our team.