Best for
Service members and veterans who meet VA service requirements.
- 0% down on eligible purchases
- No monthly mortgage insurance, ever
- Reusable benefit with restoration of entitlement
Eligibility and the COE
Eligibility depends on service length and character of discharge. We pull your Certificate of Eligibility electronically in most cases — usually within minutes.
The funding fee
VA charges a one-time funding fee that varies by down payment and whether it's your first use. Veterans receiving VA disability compensation are exempt from the fee entirely.
Appraisal and MPRs
VA appraisals include Minimum Property Requirements and a VA-assigned appraiser. Build a few extra days into the contract timeline for scheduling in busy markets.