VA Loans

A VA loan is a mortgage available through a program created by the United States Department of Veterans Affairs (VA). These loans can assist service members, veterans, and eligible surviving spouses become homeowners.

While VA loans are provided by private lenders, the VA sets the rules, qualifying standards, and terms, and also guarantees a portion of the loan.


  • Good option for service members, veterans, and eligible spouses
  • Can be used to buy, build, repair, or retain a home
  • Down payment may not be required (restrictions apply)
  • Often no requirement for private mortgage insurance
  • Closing costs can be limited or paid by the seller
  • No prepayment penalty
  • VA can help borrowers avoid default
  • Can be combined with other state benefits for veterans, such as property tax reductions


  • Stringent application requirements
  • More limits than conventional loans
  • Only available to service members, veterans, and eligible spouses

Learn More

There are many rules and regulations with VA loans, and not all lenders are licensed to offer this program. If you think an VA loan may be right for you, call us at 443-398-0711 or click the button below for a free mortgage consultation.

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