Bag of money labeled VA Loan next to model of a home

Do VA Loans Have Private Mortgage Insurance (PMI)?

By Michael Knisley

Before we answer that question, let’s make sure we understand what VA home loans are and why the Department of Veterans Affairs created them. VA loans are offered by banks,…

VA loan document sitting on desk

How to Get a VA Home Loan

By Craig Richardson

As a service member or veteran, your eligibility for a VA home loan unlocks easy access to homeownership. Backed and run by the U.S. Department of Veterans Affairs, the mortgage…

House keys next to an American Flag

VA Loan Rates

By Maureen Milliken

Current VA Loan Rates Understanding VA Loan Rates A low interest rate is one of the many benefits VA loans provide when purchasing a home. Just a fraction of a…

Set of keys sitting on an American flag

VA Funding Fee: 2024 Charts and Exemptions

By Sarah Brady

VA loans have appealing features that don’t come with regular loans. With a VA-backed mortgage or refinance loan, you don’t have to make a down payment or pay mortgage insurance.…

Mortgage lender explaining the paperwork

VA Loan vs. USDA Loan

By George Morris

For many, a hurdle to buying a home is affordable financing. Two federal loan programs can make a big difference for those who qualify. VA and USDA home loans are…

Young couple visualizing home renovations

VA Loans for Renovations, Rehab, and Home Improvements

By Tom Jackson

If you’re a member of the military or a veteran looking to buy a home, VA loans can be a great option. But there’s a hitch if you want to buy a…

Replica house with VA loan written on it

VA Loan Pros and Cons

By Pat McManamon

We owe much to those who sacrifice for our country by serving in the military. One way the nation thanks them is by offering a VA loan as an option…

Military member holding a model house

VA Loan Appraisals

By Craig Richardson

One of the most tangible and valuable benefits available to those who opt to serve their country through military service is the VA home loan program. And while every homebuying…

Credit report and calculator on desk

What Is the Minimum Credit Score for a VA Loan?

By Craig Richardson

Active-duty service members and veterans have an ace in the hole when it comes to realizing the dream of home ownership: the VA loan, a mortgage guaranteed by the U.S.…

Replica of a home on top of an American flag

VA Down Payment Requirements

By Phil Sheridan

VA loans exist only because the federal government wanted to help veterans purchase homes after they helped win World War II. The idea was to put veterans on equal footing…