Question 1

Who is eligible for a VA loan?

Accepted Answer

VA loans are available to many active-duty service members, veterans, and some surviving spouses who meet service requirements and have a Certificate of Eligibility (COE). Get started with an [application](/app).

Question 2

Do VA loans require a down payment?

Accepted Answer

Often, no—many VA loans allow 100% financing with no down payment. Estimate payments with our [mortgage calculator](/calculators/mortgage).

Question 3

Does a VA loan have monthly mortgage insurance?

Accepted Answer

Typically no monthly mortgage insurance. Many VA loans have a one-time VA funding fee (with some exemptions), and it may be financed into the loan. We’ll confirm your specifics when you [apply online](/app).

Question 4

Can I reuse my VA loan benefit?

Accepted Answer

Yes—VA entitlement can often be restored and reused after you sell the home or pay off the prior VA loan, depending on your situation.

Question 5

What credit score do I need for a VA loan?

Accepted Answer

VA guidelines are generally flexible, but lenders may have their own minimums. The fastest way to know your approval path is to [apply online](/app).

Question 6

Can I use a VA loan for a refinance?

Accepted Answer

Yes—VA refinance options may include rate/term changes or cash-out depending on eligibility and equity. Check trends on [mortgage rates](/mortgage-rates) and start an [application](/app).

VA loan

Serving those who served — VA loans offer 0% down, no PMI, and exclusive benefits to honor your service with lasting financial freedom.

No Down Payment Required

Lower Interest Rates

No Private Mortgage Insurance

Flexible Credit & DTI Guidelines

Access to Equity & Cash-Out Refinance Options

Real answers. Real people.

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Refinance calculator

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Frequently Asked Questions

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