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    Maximize Your Earned VA Home Loan Benefits

    $0 Down Payment. No Private Mortgage Insurance (PMI). Competitive rates exclusively for Service Members, Veterans, and Eligible Spouses.

    Check Your VA Eligibility

    What Is a VA Home Loan?

    A VA home loan is a mortgage guaranteed by the Department of Veterans Affairs, available to eligible veterans, active-duty service members, and some surviving spouses. It offers $0 down payment and no PMI, making it one of the most affordable paths to homeownership for those who have served.

    Does a VA Loan Require PMI?

    No. VA loans never require Private Mortgage Insurance (PMI), regardless of your down payment amount.

    Because the Department of Veterans Affairs guarantees a portion of the loan, lenders don't need PMI to protect themselves — even with $0 down. Instead, VA loans use a one-time VA Funding Fee (which can be rolled into the loan or waived for eligible disabled veterans), but there is no recurring monthly PMI charge like there is with conventional or FHA loans.

    $0 Down, No PMI
    No Monthly Mortgage Insurance
    Save $150–$300/month

    Zero Down Payment

    Buy a home with no money down. Keep your savings in the bank where it belongs.

    No Monthly PMI

    Unlike conventional loans with low down payments, VA loans never require Private Mortgage Insurance.

    The Most Powerful Mortgage Program Available

    The VA Home Loan is widely considered the most powerful mortgage option on the market. Created in 1944 to help returning service members buy homes, it remains an unparalleled benefit for those who have served. Does a VA loan require PMI? No — and that's one of its biggest advantages. See today's VA home loan interest rates to see where current pricing stands. Ready to compare lenders? See our guide to the best VA loan lenders for exactly what to look for. Curious what a property has to clear? Read our VA loan inspection requirements guide to understand the VA appraisal and MPRs. Prefer to build instead of buy? See how a VA one-time close construction loan works — $0 down, one closing, no PMI.

    Because the Department of Veterans Affairs guarantees a portion of the loan, private lenders can offer you exceptionally favorable terms that simply aren't available to the general public.

    Key Advantages of a VA Loan:

    • Lower Interest RatesVA loans consistently offer lower average interest rates than conventional and FHA loans.
    • Forgiving Credit RequirementsThe VA doesn't set a minimum credit score, making it easier to qualify even if your credit isn't perfect.
    • Limited Closing CostsThe VA limits what you can be charged in closing costs. Sellers can also pay up to 4% of the purchase price toward your closing costs.
    • No Prepayment PenaltiesYou can pay off your loan early without any financial penalties.

    VA Loan Eligibility FAQs

    Does a VA Loan Require PMI?

    No. VA loans never require Private Mortgage Insurance (PMI), regardless of your down payment amount. Because the Department of Veterans Affairs guarantees a portion of the loan, lenders don't need PMI to protect themselves — even with $0 down. Instead, VA loans use a one-time VA Funding Fee (which can be rolled into the loan or waived for eligible disabled veterans), but there is no recurring monthly PMI charge like there is with conventional or FHA loans.

    Want to see how these numbers shake out for your budget? Use the 60-Second Mortgage Wizard below to get your custom readiness summary.

    Do VA Loans really require $0 down payment?

    Yes, 100%. One of the greatest benefits of a VA loan is that it allows for 100% financing with zero down payment and no monthly mortgage insurance (PMI), which saves hundreds of dollars a month compared to standard conventional loans.

    Want to see how these numbers shake out for your budget? Use the 60-Second Mortgage Wizard below to get your custom readiness summary.

    How do I get my Certificate of Eligibility (COE) for a VA loan?

    While you can get it directly from the VA portal, the easiest route is to hand the request off to a licensed lender who can pull it electronically in minutes during the initial intake.

    Want to see how these numbers shake out for your budget? Use the 60-Second Mortgage Wizard below to get your custom readiness summary.

    Start Your VA Journey

    Connect with a VA-specialized local professional to verify your eligibility and calculate your exact benefits.

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