VA Loans
Based on your service to the country, you may be eligible for the Veterans Administration’s Home Loan benefit through Mortgage Equity Partners. You must meet our minimum standards of credit, income, and other eligibility requirements. Our VA loan program is a low-cost borrowing option for veterans, their families, reservists, and some active-duty personnel. We strive to make this process quick and easy for those who have dedicated their lives to serving our country.
Our VA Loan program has a no down payment option, making it extremely attractive to veterans returning from active duty who may not have had time to save for a down payment while serving. This program works for Fixed Rate Mortgages and Adjustable-Rate Mortgages (ARMs). The rates on VA loans are as competitive as those for conventional loans. However, it is easier to qualify for a VA loan, and credit requirements are more flexible.
Other benefits include:
- No down payment up to the conforming loan limit (see map for your area).
- Jumbo loans available with a minimum down payment
- Reduced closing costs
- No pre-pay penalty
- Eligibility benefits can be used for a purchase or refinance
- Mortgage is assumable
- VA benefits can be used more than once
We express gratitude for your service and sacrifices to preserve the wonderful freedoms we all enjoy.