VAVA loans
VA loans for those who served, and their families
A VA home loan is one of the most valuable benefits of military service. It's guaranteed by the Department of Veterans Affairs, has no monthly mortgage insurance, and comes with flexible guidelines designed for service members and their families.
- Licensed in Arizona
- NMLS #2786915
- Se habla español
Who it's for
Who VA loans are for
Veterans and active-duty service members
Meet the service requirements and you can use your VA home loan benefit, often more than once.
National Guard and Reserve members
Guard and Reserve members can become eligible after meeting service requirements.
Surviving spouses
Certain surviving spouses of service members and veterans are eligible, and many are exempt from the funding fee.
How it works
How VA loans work
The VA guarantees part of the loan, which protects the lender and makes flexible guidelines possible. You'll need a Certificate of Eligibility (COE), which we can usually request for you during the application.
No monthly mortgage insurance
VA loans don't charge the monthly mortgage insurance that most other government-backed and conventional loans require.
VA funding fee
Most borrowers pay a one-time funding fee, which can be added to the loan. Veterans receiving VA compensation for a service-connected disability, surviving spouses receiving Dependency and Indemnity Compensation, and active-duty Purple Heart recipients are exempt.
VA appraisal
The appraisal is ordered through the VA's system and confirms the home meets VA minimum property requirements.
Seller help with costs
VA rules allow sellers to contribute toward your closing costs, within set limits.
VA IRRRL refinance
The Interest Rate Reduction Refinance Loan helps existing VA borrowers refinance to a lower rate, usually with less paperwork.
Document checklist
What you'll need to apply
Check items off as you gather them. Your list is saved on this device.
Blue Reserve Mortgage · Document checklist · VA loans
Service
Income
Assets and identity
Compare
VA vs. FHA at a glance
| This programVA | FHA | |
|---|---|---|
| Who can use it | Eligible veterans, service members, and surviving spouses | Anyone who qualifies |
| Mortgage insurance | No monthly mortgage insurance; one-time funding fee | Upfront and annual premiums |
| Property use | Primary residence | Primary residence |
| Credit guidelines | Flexible; minimums set by each lender | Flexible; set by FHA and each lender |
Program availability and guidelines vary by lender and are subject to change. This is not a commitment to lend.
Questions
Common questions
How do I get my Certificate of Eligibility?
In most cases we can request your COE online through the VA during your application. You can also request it yourself on VA.gov.
Can I use my VA home loan benefit more than once?
Yes. When a VA loan is paid off, your entitlement can typically be restored, and in some cases you can have more than one VA loan at the same time.
Who is exempt from the VA funding fee?
Veterans receiving VA compensation for a service-connected disability, surviving spouses receiving Dependency and Indemnity Compensation, and active-duty service members who received a Purple Heart are generally exempt. Your COE shows your funding fee status.
Is there a minimum credit score for a VA loan?
The VA doesn't set one, but lenders do. Because we work with multiple lenders, we can look for one whose guidelines fit your credit.
Talk to a loan officer
Put your VA benefit to work
Share a few details and a loan officer will help you check eligibility and compare VA lenders.
- We compare multiple wholesale lenders for you
- English or Spanish, from application to closing
- No cost to ask questions
Prefer to talk? Call
928-750-6064Or choose a loan officer