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VA Home Loans

Find the right mortgage for veterans or active-duty military

We understand that each VA-backed home loan is unique. We'll help you every step of the way to ensure that you receive the best service and loan possible. 

  • Approved VA Lender: Work directly with us, an approved VA Lender, for a seamless experience.
  • No Lender Origination Fees: Save more with no extra costs.
  • No Down Payment Required: Finance 100% of your home's purchase price. 

What is a VA Home Loan or Mortgage?

A VA mortgage loan is offered exclusively to military service members, active or retired. Our VA home loan requires no down payment or private mortgage insurance (PMI), making it one of the best ways for our service members to purchase or refinance a home. Fixed and adjustable-rate loan options are available for homebuyers applying for the VA Loan.

How does one become an approved VA Lender?

Armed Forces Bank is an approved VA lender and our loan advisors have helped thousands of active-duty and former military members refinance a mortgage or purchase a home for their family. They have a thorough understanding of the VA’s loan eligibility requirements, the process, and a deep commitment to serving those who have served and will help you through the entire loan process. 

Already applied? Log in and upload documents and see the status of your application easily. No guesswork required. 


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 What are the benefits of a VA Home Loan?

  • No down payment option. Finance 100% of the purchase price with a VA loan. Military and veterans of the military can take advantage of this option.
  • Qualifications guidelines. The VA has specific requirements for the VA loan product.
  • No mortgage insurance costs. VA borrowers do not pay mortgage insurance, keeping your total costs lower. Other loans require this extra cost unless you make a larger down payment.
  • If you receive a Basic Allowance for Housing, (BAH), you will use your allowance to pay for some or all of your monthly payment.
  • Flexible credit standards.

Choose from low-cost VA loan options:

  • The VA home loan program is available to qualified borrowers who are first-time homebuyers, repeat homebuyers, or homeowners planning to refinance.
  • With no pre-payment penalty, you are free to make extra payments at your convenience.
  • VA loans offer fixed or adjustable rates that are as good as and sometimes better than conventional loans. With a fixed rate, your monthly payment (principal + interest) will not fluctuate making it easier for you to budget your monthly payment. With an adjustable rate, take advantage of a low rate for a fixed amount of time. This is especially beneficial if you are planning to be in your home for less than 7 years.

Work with an approved VA lender:

  • With VA Automatic Approval, Armed Forces Bank is recognized as an approved VA lender. Because we have VA Automatic Approval status, you can work directly with us rather than having to also coordinate with the VA. We help you get started, and we stay with you throughout the process.
If you are a service member on active duty and want to refinance your VA loan, be sure to check with your legal counsel on benefits that may be affected.

Apply Online

To continue a saved application or view your loan disclosures, log in here.
Explore our Mortgage Financial Calculators to gain insight into actual costs and savings.

Trouble knowing where to start?

Subject to credit approval. VA funding fee may apply. VA loan qualification guidelines apply. The lender origination fee is waived for borrowers who qualify for the VA loan product. Borrowers only pay third party closing costs. Third party fees include appraisal fee, title fees, insurance, etc. Owner Occupied Property only. VA loans are offered exclusively to qualified military service members. 100% Loan-to-Value on VA loans only. Additional restrictions and fees may apply.