Low Interest Rates
Take advantage of a great loan with low rates and programs optimized for veterans.
VA Loans
WHO SHOULD USE A VA LOAN
Those eligible for a VA Loan include:
- Current active military (90 days minimum service)
- Honorably discharged Veterans and Reservist members (six years with an honorable discharge or 60-180 days of active duty)
- Surviving spouses of Veterans who died and have not remarried
- Those granted Veteran status through civilian employment
Perks of a VA Mortgage
This program was created as a way to show gratitude for the selfless service and dedication demonstrated by our military heroes. VA home loans are issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs.
Little to No Down Payment
VA financing allows for more flexibility when it comes to down payment amounts.
No Monthly Insurance
With certain VA loan programs, clients can skip the monthly mortgage insurance requirements of other mortgage options.
How to apply for a Certificate of Eligibility
One of the first steps towards a VA loan is a Certificate of Eligibility issued by the U.S. Department of Veteran Affairs. The required documentation is based on your service history, so you'll need to find out what information is required for your specific situation.
How to Apply for a VA Loan
Getting your VA loan financed can be simple with a Blue Spot Home Loans expert. Talk to our team today to get started.