For active military members and veterans that are eligible VA financing is the best home loan available. If you have VA eligibility and you are looking to buy or refinance your home, it is worth getting pre-approved for VA financing today.

Here are some highlights of the VA Loan:

• No down payment! 100% financing! There is no other mainstream loan that offers 100% financing
• No monthly mortgage insurance. Other loans with less than 20% down requires monthly mortgage insurance, which creates a higher monthly payment
• No reserve requirement. Other types of loans require the borrower to have a certain amount of cash in reserves after closing, VA does not
• 30 year VA interest rates are still in their lowest ranges in 50 years
• VA loans are not credit score driven. If you think you have bad credit you may still be able to qualify for a VA loan
• VA loan requirements are flexible. VA has more flexibility with income ratios and credit than other loans today
• VA loans are fully assumable. If you take advantage of today's low interest rates and get a VA loan today, down the road when interest rates may be higher and you want to sell, you will have an extremely attractive option to buyers who are able to assume your 30 year fixed loan
• VA loans offer cash-out refinances to high loan-to-values
• VA loans offer interest rate reduction streamline refinances with easy qualification
• VA loans available to reservists