No need for a down payment.
Zero Down Payment
No need to make a substantial upfront payment, allowing veterans to buy a home with $0 down.
Competitive Interest Rates
Benefit from VA loans' typically lower interest rates, which can save veterans thousands of dollars over the life of their loan.
No Private Mortgage Insurance (PMI)
VA loans don't require PMI, resulting in potential monthly savings of hundreds of dollars compared to conventional loans.
Take Homeownership to the Next Level with VA Financing
-
-
A government-backed loan for added security.
-
Competitive interest rates and pricing.
-
Enjoy lower monthly mortgage payments.
-
Say goodbye to Private Mortgage Insurance (PMI) requirements.
Calculate Your Eligibility for an VA Home Loan in the United States
Streamline your mortgage planning process with a convenient VA mortgage calculator, giving you control over loan amount and terms.
See If You Qualify for VA Benefits Instantly
To qualify for a VA Loan, you must be an active-duty or former US service member who has served under the following conditions:
-
90 consecutive days of service during wartime.
-
181 days of service during peacetime.
-
More than 6 years of service in the National Guard or Reserves.
-
A median credit score of 580 means you don't require impeccable credit for a VA loan.
-
Acquiring a Certificate of Eligibility (COE) demonstrates your eligibility as a qualifying service member or surviving spouse to lenders.
-
A debt-to-income ratio (DTI) of ≤ 60% enhances the accessibility of VA loans compared to other options.
In addition, you may also be eligible if you are the spouse of a service member who either died in the line of duty or received an honorable discharge.
Your Quick Checklist - VA Loan Requirements 2023
-
Certificate of Eligibility (COE) is required to verify the borrower's eligibility for a VA loan.
-
Borrowers should provide their most recent pay stubs, W-2 forms for the past two years, and tax returns if self-employed.
-
Typically, two months' worth of bank statements are required to verify funds for closing costs and reserves.
-
Confirmation of employment status and income, which may include contacting the borrower's employer.
-
To assess the borrower's creditworthiness, a credit report is obtained.
Customer Stories
Sarah Johnson
Dallas, Texas
HLRI made my VA loan process experience a breeze. Their expert team walked me through every step, ensuring I understood all the details. The low-interest rates and zero-down payment option were a game-changer for my family. Thanks to HLRI, we now have our dream home!
Michael Martinez
San Diego, California
I highly recommend HLRI for VA loans. Their knowledgeable staff helped me secure a competitive interest rate. The process was efficient, and they provided clear guidance. My home purchase was smooth, thanks to HLRI's excellent service.
Emily Carter
Atlanta, Georgia
HLRI exceeded my expectations with their VA loan service. They were responsive, and their attention to detail was impressive. I appreciated their dedication to veterans like me. With their assistance, I am now a proud homeowner.
David Mitchell
Denver, Colorado
HLRI's VA loan support was exceptional. They worked diligently to ensure my loan approval, even with my credit challenges. The team's commitment to veterans is commendable. Thanks to them, I now have a place to call home.
Lisa Anderson
Phoenix, Arizona
HLRI is the go-to choice for VA loans. Their customer service is top-notch, and they provided valuable insights throughout the process. With their competitive rates and friendly staff, my family and I achieved our homeownership goals.
Robert Davis
Charlotte, North Carolina
HLRI made my VA loan journey smooth and efficient. Their team was knowledgeable and responsive, addressing all my concerns. The low closing costs and favorable terms made it a win-win. Thank you, HLRI, for helping me secure my home!
