Forgotten Your Password?

Need to Register?

Massachusetts VA Loans

  • Buy a Home with 0% Down
  • Refinance to Lower Monthly Payments
  • Lower your monthly payment
  • Easy to Qualify
Property Zip Code
How is your credit?
Secure Form Privacy Policy | Terms of Use

Secure a VA Mortgage in Massachusetts

If you live in Massachusetts and you’re a veteran of the US Armed Services, you likely qualify for a Massachusetts VA loan.  These loans come with many advantages when compared to conventional loans and are backed by the Department of Veteran Affairs (VA).

Jump to: Eligibility | Loan Limits

What is the VA Loan?

VA loans are offered to veterans in order to help the men and women who have served this nation transition into home ownership and build stable, long term wealth.  The same lenders that provide all other loans also provide VA loans, but because the VA itself guarantees the loans, these lenders are able to offer low, competitive rates and loan terms to veterans.  This makes VA mortgages highly attractive to those who qualify.

VA Loan Benefits in Massachusetts

The benefits of VA loans in MA are numerous.  A few of the most common benefits are listed here.  There are likely other benefits as well, depending on your own unique financial goals and your personal needs.

  • VA loans typically don’t require a down payment.
  • Closing costs are often reduced for veterans.
  • No early repayment penalties.
  • Fair income and credit requirements.  Lender’s aren’t as strict when qualifying veterans for loans.
  • No private mortgage insurance requirement.
  • Many different loan types and term options to select from.

VA Loan Requirements and Eligibility

Eligibility for VA loans is established based on several basic requirements.  You must be an American citizen who has served in the US Armed Services for a period of at least 90 continuous days, and you must not have been dishonorably discharged.  Last, it's important your credit score is at or above 620. Take the time to improve your score if it is below the minimum VA standard. 

Contact a VA loan specialist to help you determine what other requirements you may need to meet in your specific case.  You’ll also need to obtain a certificate of eligibility from the VA office.

VA Refinance

You don’t just have to purchase a home with a VA loan.  You can also use a Massachusetts VA Streamline (IRRRL) refinance to refinance your current mortgage.  This will allow you to save significant income over the life of your loan by reducing your monthly payments with a lowered interest rate.  

Borrowers may also refinance with a VA Cash-Out, allowing them to access up to 100% of their home equity for home repairs, tuition, medical expenses and more. Veterans who do not currently have a VA loan may refinance into a VA loan via the Cash-Out program. 

Massachusetts VA Mortgage Rates

The mortgage rate that you’ll be able to get on your VA loan will depend on your own unique circumstances, but you’ll likely be able to get a rate lower than the average rate for conventional loans.  Why?  It’s simple.  As explained above, the VA backs all loans made by lenders to qualified veterans.  This means that the lenders are taking on less risk than they would be when lending to conventional borrowers.  As a result, they’re able to offer lower mortgage rates to veterans.

Still, take the time to do some research and compare mortgage rates in your area.  This is the only way to find the best rates available to you.  Contact several local lenders and ask them for quotes before you decide who to work with.

VA Lenders in Massachusetts

Use the form above to get in touch with up to four qualified local lenders in your area of Massachusetts.  These lenders have experience closing loans similar to the type you need and will be able to work with you to get your VA loan funded as fast as possible.  You’ll also be able to speak with these professionals about specific requirements and local information, such as VA loan limits for the state.  You can contact the Department of Veteran Affairs for additional information.

Massachusetts Military Information

Massachusetts has just one major military base, Hanscom Air Force Base, which is located west of Lexington.  Still, Hanscom Air Force Base is a major component of the US military system on the east coast of the nation and is familiar territory for many Massachusetts VA loan applicants.

VA Loan Lending Limits in Massachusetts

Below is the list of the maximum VA loan limits for counties in Massachusetts:

County Loan Limit
BARNSTABLE $417,000
BERKSHIRE $417,000
BRISTOL $426,650
DUKES $625,500
ESSEX $470,350
FRANKLIN $417,000
HAMPDEN $417,000
HAMPSHIRE $417,000
MIDDLESEX $470,350
NANTUCKET $625,500
NORFOLK $470,350
PLYMOUTH $470,350
SUFFOLK $470,350
WORCESTER $417,000


Local Cities

user suit Lenders in: Massachusetts.

Subscribe to our news feed.