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What is the down payment requirement for a veteran loan?

Is there such a thing as no down payment mortgage? by soldierman from Kansas City, Missouri. Jun 17th 2013 Reply


Bartolomeo Castelli (BartCastelli)
#32 ranked lender in Missouri - 1,056 contributions

99% of the time there is no down payment for a veteran to have a VA Loan if the loan amount is below $417,000 and he/she has full entitlement as stated on their Certificate of Eligibility. If you decide to buy more than the $417,000, there is a simple calculation that can be utilized that still benefits the veteran on much needs to be put down on the property.I have handled many VA loans in the past year alone and will be glad to assist you on any information you may have. Please go to my website www.CallTheMoneyMan.com or call me at 314-744-7806.

Jun 17th 2013
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Usually zero. However if you are purchasing a property and need more the $417,000 in financing, then there will be a down payment requirement. Make sure your certificate of eligibility is up to date. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Jun 17th 2013
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Mike Towler (mortgagemiket)
#39 ranked lender in Missouri - 26 contributions

With a VA loan, there is no down payment required. Please contact me if you have any additional questions.

Jun 17th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

VA loans do not require a down payment - you can purchase a home with $0 down.

Jun 17th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

No down payment is required.

Jun 17th 2013
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James Casson (jimcasson@jcmtg.com)
#46 ranked lender in Kansas - 12 contributions

One of the benefits earned by qualified veterans is eligibility for VA loans. VA loans allow for up to 100% loan to value (no down payment). In addition, it can be negotiated for the seller to pay the closing costs. That can actually allow the qualified veteran to purchase a home for little or no down payment. Good luck and thank you for your service!

Jun 17th 2013
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Jamie McKeehan (Jamiem)
#35 ranked lender in Kansas - 32 contributions

No down payment required. Contact me at 816-309-0054, your va entitlement will tell us this as well.

Jun 17th 2013
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Jamie McKeehan (Jamiem)
#35 ranked lender in Kansas - 32 contributions

No down payment required. Contact me at 816-309-0054, your va entitlement will tell us this as well.

Jun 17th 2013
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No downpayment required on a VA loan.

Jun 17th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

VA home loans do NOT have a down payment requirement. Furthermore, they also do NOT have any mortgage insurance. This one two punch makes a VA loan one of the coolest loans available. If you are a VET and not using a VA loan, you are overpaying for your home loan. In MN or WI, visit www.VA-IRRRL-Loan-MN.com

Jun 17th 2013
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Marlon Mitchell (mmitchell)
#6 ranked lender in Missouri - 52 contributions

There is no down payment requirement for a VA loan, nor mortgage insurance. Great loan to have! Feel free to call me to discuss and to get pre-approved. 816-759-0200

Jun 17th 2013
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Bartolomeo Castelli (BartCastelli)
#32 ranked lender in Missouri - 1,056 contributions

99% of the time there is no down payment for a veteran to have a VA Loan if the loan amount is below $417,000 and he/she has full entitlement as stated on their Certificate of Eligibility. If you decide to buy more than the $417,000, there is a simple calculation that can be utilized that still benefits the veteran on much needs to be put down on the property.I have handled many VA loans in the past year alone and will be glad to assist you on any information you may have. Please go to my website www.CallTheMoneyMan.com or call me at 314-744-7806.

Jun 17th 2013
1
1
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Usually zero. However if you are purchasing a property and need more the $417,000 in financing, then there will be a down payment requirement. Make sure your certificate of eligibility is up to date. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Jun 17th 2013
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