VA Loans
VA Loans are mortgage loans available to veterans, service members, and their spouses. They are backed by the Department of Veterans Affairs and offer significant advantages for those who have served our country.

Benefits
- No down payment required.
- No PMI.
- Competitive interest rates.
- Limited closing costs.
- No prepayment penalties.
Eligibility/Requirements
- Served 90 consecutive days of active service during wartime, or 181 days during peacetime, or 6 years in the National Guard or Reserves.
- Spouses of service members who died in the line of duty or as a result of a service-related disability.
- Certificate of Eligibility from the VA.
Here’s an example
John, a retired Army sergeant, wants to buy a home for his family. With his VA Loan eligibility, he secures a mortgage through Hometown Mortgage with no down payment, no PMI, and a low-interest rate, making home ownership affordable and stress-free.