VA Loans

VA loans for Loveland Home Buyers


VA loans are provided service members, veterans or eligible surviving spouse(s). VA Home Loans are provided by private lenders, such as bank and mortgage companies. VA guarantees a portion of the loan, which enables the lender to provide you with more favorable terms.
There are many advantages to using the VA loan program if you qualify. The length of your service or commitment and/or duty status may determine your eligibility. We are happy to help you determine if this loan is for you.

Benefits of a VA loan
VA loans

• No down payment required.
• If you’re constantly on the move, saving money can be tough. A VA loan can be the ideal solution.
• Competitive rates
• No private mortgage insurance. The federal government backs the loan and assumes the risk normally covered by PMI..
• Lenders can count your Basic Allowance for Housing as effective income, enabling you to use some or all of your BAH to make the monthly mortgage payment.
• No pre-payment penalty.