VA Loans Built for Those Who Served
Exclusive home financing for eligible veterans, active-duty service members, and military families—with powerful benefits and flexible guidelines.
As your mortgage loan officer, I focus on helping you understand your options and choose a conventional loan that fits your long-term goals.
Why Homebuyers Work With Me
- Simple explanations in plain language
- Flexible options for many homebuyers
- Personalized guidance from start to finish
- Local insight into our housing market
What Is a VA Loan?
A VA loan is a government-backed mortgage available to eligible military service members and veterans, designed to make homeownership more affordable with no down payment and no monthly mortgage insurance.
Who Is a VA Loan Best For?
- Veterans
- Active-duty service members
- Eligible National Guard & Reserve members
- Surviving spouses (in some cases)
Key Benefits of VA Loans
- No down payment required (in most cases)
- No monthly mortgage insurance (huge monthly savings)
- Competitive interest rates
- Flexible credit and income guidelines
VA Loan Requirements
- Must meet VA eligibility (Certificate of Eligibility – COE)
- Credit score: typically 580–620+ (varies)
- Primary residence only
- Stable income and ability to repay
Exact requirements vary
VA Funding Fee
What is it? – A one-time fee that helps keep the VA loan program running.
Even with the funding fee, VA loans often have lower overall monthly costs due to no mortgage insurance.
- Typically ranges from ~2–3.6% of the loan amount
- Can be rolled into the loan (no out-of-pocket required)
- May be waived for disabled veterans
Conventional vs. VA
Quick Comparison:
Conventional Loans
- Credit Flexibility:
- Moderate
- Down Payment:
- 3%+
- Mortgage Insurance:
- Removeable
- Best For:
- Strong credit
VA Loans
- Credit Flexibility:
- More Flexible
- Down Payment:
- 0%
- Mortgage Insurance:
- None
- Best For:
- Eligible military buyers
My role is to help you compare these options side by side so you can see how each one could affect your payment, cash to close, and long-term costs, then choose the path that best supports your goals.
VA Loan FAQs
Who is eligible for a VA loan?
VA loans are available to eligible veterans, active-duty service members, certain National Guard and Reserve members, and some surviving spouses. Eligibility is based on service history, and we can help you quickly confirm it through your Certificate of Eligibility (COE).
Do I really need no down payment?
Yes—one of the biggest benefits of a VA loan is the ability to purchase a home with 0% down, as long as the purchase price aligns with the home’s appraised value and your entitlement.
Is there mortgage insurance on a VA loan?
No—VA loans do not have monthly mortgage insurance, which can save you hundreds per month compared to other loan types.
What is the VA funding fee?
The VA funding fee is a one-time cost that helps support the program. Most borrowers roll it into the loan, so it doesn’t require cash upfront. Some veterans, especially those with service-related disabilities, may be exempt.
Can I use a VA loan more than once?
Yes—VA loans are not a one-time benefit. You can use them multiple times, and in some cases even have more than one VA loan at the same time depending on your entitlement.
Can I buy an investment property with a VA loan?
No—VA loans are for primary residences only. However, you can buy a multi-unit property (up to 4 units) as long as you live in one of the units.
Ready to Explore Your VA Loan Options?
Whether you’re planning to purchase soon or just starting to explore, I’m here to answer questions, explain your choices, and help you feel prepared for each step.
Connect in the way that works best for you and move forward when you’re ready.
Cole Loans | Mortgage Solutions & Home Loans 