VA LOANS
VA (VETERANS AFFAIRS) LOANS
Ready to start your next homeownership journey? Click the button below to begin our speedy secure pre-approval & application process.
WHAT IS A VA LOAN?
A VA (Veterans Affairs) mortgage loan is a type of home loan available to eligible veterans, active-duty service members, and certain surviving spouses. The program is designed to help veterans and their families achieve homeownership with favorable terms. Mortgage Express, LLC. is proud to assist Veterans access their benefits, and assist them throughout the home loan process. *Mortgage Express, LLC. is not associated/affiliated with either State or Federal agencies of the United States government.
VA LOAN REQUIREMENTS
To qualify for a VA Loan you'll need:
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Minimum credit score of 700
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Debt-To-Income Ratio (DTI) lower than 45% in most cases.
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Down payment of 20% or more.
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Subject Property is priced above Conforming Loan Limits ($766,550 for a single unit)
WHO'S A GOOD FIT FOR A VA LOAN?
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Veterans: Must have served a minimum number of days on active duty, typically 90 days during wartime or 181 days during peacetime.
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Active Duty Service Members: Currently serving with a minimum of 90 continuous days of active service.
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National Guard and Reserves: Must have served at least six years, unless called to active duty (where the active duty requirements would apply).
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Surviving Spouses: Unmarried spouses of veterans who died in service or from a service-connected disability, or spouses of service members missing in action or prisoners of war
LOOKING FOR MORE LOAN PROGRAMS?
Use the button below to return to our Loan Programs page to view additional lending options and programs.