VA loans

What is a VA loan?

A VA loan is a mortgage loan created specifically for eligible military veterans, service members and their spouses. It offers considerable benefits and is issued through private lenders, but guaranteed by the Department of Veterans Affairs (VA), making it a very beneficial program for those who qualify.

 Product Detail - Veteran | Guild Mortgage

Loans for veterans and active military

VA loans, also known as Veterans Affairs mortgages, offer veterans loan rates that are lower than traditional mortgages and can allow veterans to borrow up to 100% of the property’s value.

For eligible homebuyers, qualifying for a VA loan can also be easier than other mortgage financing programs. With no down payment, low credit score and flexible income requirements, the VA loan program helps many of our military members find a place to call home.

Who is eligible for a VA loan?

Most veterans, active military, reservists and National Guard are eligible to apply for a VA loan. Also, spouses of military members who died while on active duty or suffered a service-connected disability can apply.

To check your eligibility for a VA loan, Visit the U.S. Department of Veterans Affairs.

What are the benefits of the VA loan program?

  • The ability to borrow up to 100% of the home’s value
  • No private mortgage insurance (PMI) requirement
  • No down payment options
  • Lower interest rates than traditional mortgages
  • Higher debt-to-income ratios
  • Reduced fees as compared to traditional mortgages

All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Connect with a loan officer and find a loan that fits your life

Already working with a loan officer?

* = Required Field
Interested in learning more? Take the first steps with our pre-qualification calculator.

Home Loan Guide

Questions about the home buying process? Our Home Loan Guide has the answers you need to make smart decisions. Learn More

We stand behind our loans

Mary Ann McGarry "We can help you find solutions, with a personal touch.” - CEO, Mary Ann McGarry
  • Real people at your side to make the complex loan process simple
  • Hundreds of products and programs, especially for first-time homebuyers
  • Fast, responsive, in-house loan operations to get you funded on time