Exclusively for active and retired military service members, a VA loan typically does not require a down payment or private mortgage insurance (PMI1). Armed Forces Bank is an approved VA lender that you can work directly with, rather than having to also coordinate with the VA. With fixed and adjustable rates available, VA home Loans are one of the best ways to purchase or refinance your home. Veterans may qualify for 100% financing.
Approved VA lender—You can work directly with us rather than having to also coordinate with the VA.
No down payment required
No mortgage insurance premiums1
Flexible credit standards
Used with BAH—If you receive BAH, you will always use your allowance to pay for some or all of your monthly payment.
Fixed and adjustable rates available. Learn about the differences here.
What You Need to Know
- The VA has specific rules and qualification requirements for this loan product. Learn about them in our VA Loan Guide.
- The home you are planning to purchase or refinance with a VA loan must be your primary residence.
- If you’re 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.