VA Home Loans for Veterans and Active Duty
$0 down and no PMI for eligible service members — if you qualify, you earned the benefit.
Apply Now →What Is It?
A VA loan is a government-backed mortgage for eligible veterans, active-duty service members, and certain surviving spouses. It is designed to make homeownership more accessible with competitive terms and no private mortgage insurance. VA loans are for primary residences, and the program includes a funding fee that can be financed into the loan in many cases. Credit, residual income, and debt-to-income still matter — the VA benefit removes some barriers, but underwriting is still real. My job is to help you use the benefit correctly, price it fairly, and avoid mistakes that slow down your approval.
Who Qualifies
- Eligible Certificate of Eligibility (COE) and acceptable VA entitlement usage
- Primary residence occupancy and qualifying credit for automated underwriting findings
- Sufficient residual income for household size and region
- A property that meets VA minimum property requirements
How Income Is Calculated
- Step 1 — Verify entitlement. We confirm your COE and entitlement so the loan is structured correctly from day one.
- Step 2 — Income and stability. We document employment or retirement income consistent with VA guidelines.
- Step 3 — Residual income test. We confirm the file meets VA residual income expectations for your household.
- Step 4 — Funding fee and loan structure. We calculate the funding fee and finalize loan amount, payment, and cash to close.
What You’ll Need
- COE
- DD-214 (if applicable)
- Recent LES or retirement award letter
- Pay stubs and W-2s or tax returns if self-employed
- Bank statements
- Purchase contract
What Can Go Sideways
- VA loans are not for standalone investment purchases — occupancy rules matter.
- Condos must be VA-approved projects unless you pursue a different approval path.
- Skipping the basics on property condition can create MPR issues after appraisal.
Real Scenario
A veteran was told VA financing was “the same rate as everyone else” and almost paid PMI on a conventional loan. We moved him to VA, removed PMI from the equation, structured the funding fee correctly, and kept the monthly payment aligned with his budget. He closed on a home he thought was out of reach. This is the kind of loan banks will not touch — and The Mortgage Whiz closes.
Embedded Calculator
Run a quick estimate, then talk to me for a personalized quote. Calculations are estimates only and do not constitute a loan offer.
Mortgage Payment Calculator
Estimates only — not a loan offer.
Loan Term
Estimated Monthly Payment
$0
Principal & Interest: $0
Est. Property Tax: $0
Est. Insurance: $102
Estimates only — not a loan offer. NMLS #1547543.
FAQ
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No credit pull. No commitment. Just a straight answer on whether I can get you approved — and what it'll take.