VA home loans
For eligible veterans, active-duty service members and some surviving spouses, a VA-guaranteed loan can be a strong way to buy or refinance a home.
Key features
- Down payment: eligible borrowers may be able to finance without a down payment, depending on entitlement, loan amount and lender requirements.
- No monthly mortgage insurance: VA loans don’t carry monthly mortgage insurance.
- VA funding fee: most borrowers pay a one-time funding fee, which can often be financed. Some borrowers, such as those receiving VA disability compensation, are exempt.
- Primary residence: the home must be your primary residence and meet VA property requirements.
Eligibility
Eligibility is based on your service history and is confirmed with a Certificate of Eligibility (COE). If you don’t have yours yet, we can help request it. Credit and income requirements still apply.
VA refinance options
VA IRRRL: the Interest Rate Reduction Refinance Loan may lower your rate or move you from an adjustable to a fixed rate on an existing VA loan, often with limited documentation.
VA cash-out refinance: eligible homeowners may refinance a VA or non-VA loan and access equity, subject to VA and lender guidelines.
About Clarke Capital
Clarke Capital is a licensed mortgage brokerage. We are not a government agency and are not affiliated with or endorsed by the U.S. Department of Veterans Affairs.
Let’s talk about your next step.
Whether you’re ready to apply or just starting to ask questions, a quick conversation can clarify your options.
Call (602) 800-9916 or email curtis@clarke-cap.com
