Find Out if you Qualify for a

VA Home Loan!

VA (Veterans Affairs) Loans were created during World War II to help current and former service members and their spouses that are looking to purchase or refinance a home. VA Loans are wonderful options if you are military personnel because they have competitive interest rates and usually require no down payment (loan applicants must meet VA eligibility, however.) There is no maximum loan amount for VA with full entitlement. Give our team a call today at  (314) 279-8432 if you are a veteran and looking for a home loan or for refinancing.

Who is Eligible for VA Loans?

VA Loans are for active-duty military or veterans and their spouses who meets certain service requirements. Spouses of those who served and died, either during active duty or through service-related disability, may also be eligible.

Benefits and Features of VA Loans

  • Competitive rates:

    On average, 30-year rates tend to be lower for VA Loans when compared to Conventional or FHA mortgages.

  • Limited closing costs:

    Per the Department of Veterans Affairs, there are limits on fees. For instance, the origination fee can be no more than 1% of the loan amount. Also, the VA funding fee can be financed into the loan (and waived by disabled veterans.)

  • No down payment or mortgage insurance required:

    In many cases, VA Loans require no down payment or mortgage insurance. With the government as a guarantor, this affords veterans greater opportunities to pursue the home of their dreams.

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