VA Loan Earned. By your service.
Flexible VA home loans as either fixed-rate or ARM mortgages — for eligible service members, veterans, and surviving spouses.
$0 down, no PMI, competitive rates — for those who served.
A VA loan is a mortgage benefit available to active-duty service members, veterans, and certain surviving spouses. Backed by the U.S. Department of Veterans Affairs, the program lets eligible borrowers buy a home with no down payment, no private mortgage insurance, and competitive interest rates.
Earned through service. One of the strongest mortgage programs the federal government offers.
Who qualifies
Eligibility is based on length and character of service. Most borrowers qualify after 90 days of active duty during wartime, 181 days during peacetime, or six years in the National Guard or Reserves. Your VA Certificate of Eligibility is the document that proves it — we can help you pull it.
How a VA loan works
The home-buying process is the same as any other loan: make an offer, get accepted, and close. The VA-specific differences are the appraisal and the funding fee.
VA appraisals also include a Minimum Property Requirements check — the home has to meet basic safety and habitability standards. If something flags (a leaking roof, missing handrail), repairs may be needed before close.
A one-time funding fee of 1.25–3.3% applies to most VA loans. It's typically rolled into the loan balance, and certain disabled veterans are exempt.
Program features
- 0% down on most VA purchase loans.
- 30, 25, 20, and 15-year fixed-rate terms.
- 5/1 adjustable-rate option available.
- Jumbo VA loans available above the standard county limits.
- VA Streamline Refinance (IRRRL) for current VA borrowers — no appraisal in many cases.
- No monthly mortgage insurance (PMI), ever.
- No prepayment penalties.
Service-eligible and not sure where to start? Talk to one of our LOs — we've walked plenty of veterans through the COE process.
WeFund Mortgage Corporation is not affiliated with or acting on behalf of FHA, VA, USDA, or the federal government.
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Tell us a little about your situation and we'll send personalized loan options within one business day.
VA Loan FAQs
Who qualifies for a VA loan?
Active-duty service members, veterans who meet length-of-service requirements, members of the National Guard and Reserves, and surviving spouses of service members who died in the line of duty. We help you obtain your Certificate of Eligibility (COE) as part of the process.
Is there a down payment on a VA loan?
No. Eligible borrowers can purchase with $0 down, with no private mortgage insurance — this is one of the most powerful benefits of the VA program.
Can I use a VA loan more than once?
Yes. The VA benefit is reusable. You can also have two VA loans simultaneously in some cases, depending on remaining entitlement.
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