The VA loan is a phenomenal product for current and former members of the United States military.
The VA Loan
The VA loan is backed by the United State Department of Veterans Affairs and is to be used by veterans only.
This product is designed for Military Veterans only. To determine eligibility, a Certificate of Release or Discharge from Active Duty (Form DD214) will be requested and reviewed. A VA loan can be used for a purchase transaction, rate or term refinance, or a cash-out refinance. It can only be used for a primary residence.