New Home Purchase Loans

Check out the low rate new home purchase loans and the VA loan mortgage program with discounted financing from the VA Home Mortgage Loans' team. Veterans have a real advantage with one hundred percent financing.

• 100% Home Loans
• No Down-Payment Loan
• Low VA Loan Rates

VA home mortgage loans provide veteran and active military families with a no down-payment loan for home buying.  VA home loan rates are affordable and enable you to lower the interest rate if the rates drop with the VA streamline program.

Conventional lenders only go to 90%, and FHA lending companies finance to 97%, but our VA loan programs allow borrowers to finance a new home with zero down. Credit is fairly relaxed as well. The VA is more concerned about the kind of borrower you are rather than what your credit score is.

There are no actual loan limits for a VA home loan, but most VA lenders limit the amount that can be borrowed to $417,000 and no more than 100% of the VA-established reasonable value of the property (determined by the appraiser hired by the VA). VA purchase loans can be financed on single-family or owner-occupied multifamily homes, including new construction.

In addition to veterans, VA home loans are accessible to active duty and reserve personnel as well as the unmarried spouse of a veteran who died in service or from a service-related disability. The VA Home Loan website has a very detailed list of its rules for eligibility based on status, time served, and whether service was during peacetime or war, among others.