VA-guaranteed benefit
The Department of Veterans Affairs guarantees an eligible portion of the loan while an approved lender completes underwriting and funding.
Apply securelyVA home loans
Use an earned VA benefit with a financing plan built around the full transaction.
VA-guaranteed mortgages can offer meaningful purchase and refinance benefits to eligible service members, veterans and qualifying surviving spouses. Straight Deal Mortgage helps borrowers navigate eligibility, underwriting, appraisal and closing requirements.
Start with the scenario
Built for eligible military borrowers and primary residences.
Straight Deal Mortgage can compare eligible programs across a broad wholesale network and help identify the documentation and execution path that fits the complete transaction.
How the program works
Qualification built around the right information.
Flexible purchase structure
Eligible borrowers may have access to purchase financing without a required down payment, subject to entitlement, value and lender approval.
No monthly mortgage insurance
VA loans generally do not use monthly private mortgage insurance, though an applicable VA funding fee and other costs may apply.
A clearer path forward
What to expect.
- 01
Confirm eligibility
Review service history and obtain or validate the Certificate of Eligibility and available entitlement.
- 02
Complete preapproval
Document credit, income, assets, debts and the intended occupancy before shopping or refinancing.
- 03
Underwrite borrower and property
Submit the transaction for lender review, VA appraisal and any required property or documentation conditions.
- 04
Confirm final benefit use
Review the rate, payment, funding fee, cash required and final closing terms before signing.
Common questions
Answers before you apply.
Who may be eligible for a VA home loan?
Eligibility can extend to qualifying service members, veterans, National Guard or Reserve members and certain surviving spouses. The VA determines benefit eligibility.
Does VA always require zero down?
Eligible zero-down purchase financing may be available, but entitlement, purchase price, appraisal value, existing entitlement use and lender approval affect the final structure.
Is there mortgage insurance on a VA loan?
VA loans generally do not have monthly private mortgage insurance. An applicable VA funding fee may be charged unless the borrower qualifies for an exemption.
Can VA loans be used for investment properties?
VA financing generally requires eligible primary-residence occupancy. Property-type and occupancy requirements should be confirmed for the transaction.
Continue researching
Read the detailed mortgage guide.
Learn the terminology, common documentation, potential tradeoffs and questions to ask before choosing a program.
Straight Deal Mortgage is not affiliated with or acting on behalf of or at the direction of the Department of Veterans Affairs or any federal government agency. Program terms, documentation, pricing, lender participation, property eligibility and availability vary by transaction and jurisdiction and may change without notice. All loans are subject to application, credit approval, property review, underwriting requirements and applicable law. This is not a commitment to lend.