Serving Those Who Served Our Country

The Department of Veterans Affairs (VA) loan is a popular homebuyer choice, but is also available if you’re refinancing your mortgage. These loans must meet certain requirements.

VA Loans

This type of loan is guaranteed by the U.S. Department of Veterans Affairs. It was created to help make housing affordable for eligible U.S. veterans and members of the military. VA home loans are available to veterans, reservists, active-duty military personnel, and surviving spouses of veterans with 100% entitlement. Eligible veterans may be able to buy a home with no down payment, refinance up to 100% of the home’s value and pay no private mortgage insurance.


  • Provides a wide range of rate, term and cost options.
  • Doesn’t require monthly mortgage insurance.
  • No down payment required


  • Typically requires a one-time VA funding fee that can be financed into the loan amount
  • Only available for a primary residence

These programs have special requirements to qualify. Talk to your local Mortgage Consultant, Sandra Philips, 312-813- 0939 to see if you qualify today. For more information, please visit her website at