Purchase pathway
Veterans
The VA benefit is one of the strongest financing tools available: no required down payment for eligible borrowers with full entitlement, and no monthly mortgage insurance. Using it well means understanding entitlement, the funding fee, and how the VA appraisal works.
Who this is for
- Active duty service members, veterans and eligible surviving spouses
- Veterans who have used the benefit before and want to reuse it
- Veterans comparing VA against conventional financing
How the process works
Obtain your Certificate of Eligibility
The COE confirms your entitlement. It can typically be obtained quickly, and your DD-214 or statement of service supports it.
Understand entitlement
If you have an active VA loan, remaining entitlement affects how much you can finance with no down payment.
Plan for the appraisal
The VA appraisal includes minimum property requirements. Homes with significant deferred maintenance may need repairs before closing.
Common mistakes
- Assuming sellers will not accept VA offers, which is often a communication issue rather than a program issue
- Not confirming exemption status for the funding fee
- Overlooking that VA financing requires occupancy
Loan programs that apply
VA Loans
A benefit earned through service, with no required down payment for eligible buyers.
Learn more CoreConventional Loans
The most widely used financing for primary homes, second homes and rentals.
Learn more CoreJumbo Loans
Financing above conforming loan limits for higher priced homes.
Learn more Construction & RenovationRenovation Loans
Finance the purchase or refinance plus the improvements in one mortgage.
Learn moreFrequently Asked Questions
Ready for the next step?
We will review your documents and give you a preapproval you can use with confidence. Not a commitment to lend.