VA Loan

Unlock the Benefits of Service: Exclusive Home Financing for Veterans

VA loans are exclusive mortgage options insured by the U.S. Department of Veterans Affairs, crafted to honor the men and women who serve our country. They offer significant benefits, including no down payment requirements and no private mortgage insurance, making homeownership more accessible to service members, veterans, and eligible surviving spouses. With our VA loan options, we celebrate your service by helping you find the perfect home financing solution. Trust in our expertise to navigate your VA homeownership journey.

Considering a VA Loan?
Federal Hill Mortgage is Your Trusted Partner.

Access the Best Rates

When you choose us, we use our extensive network of lending partners to guarantee you the best rates available. We streamline the process, ensuring that you receive the most advantageous rates and save you both time and money on your home purchase.

Same-Day Pre-Approvals

Step into the fast lane with our same-day pre-approvals. Many of our clients find themselves pre-approved in the same day, setting the stage for a smooth home-buying experience.

24/7 Support Tailored for You

We value your time and know that questions can arise at any moment. That's why our phone lines are open around the clock, ensuring you always have a dedicated team ready to assist with any inquiries or concerns.

We shop the best lenders and rates, so you don't have to.

Leveraging our expansive network of top lenders, we eliminate the need for you to shop around. Our rates are not only competitive but come with the trust and expertise of a seasoned team with over 18 years in the industry. Your dream home is just a decision away.

Understanding the Benefits

VA Loan Features:

  • No Down Payment Required

    Step into your new home with a VA loan that doesn't require a down payment, keeping your savings secure.

  • No Private Mortgage Insurance

    With VA loans, you're not required to pay for private mortgage insurance, reducing your monthly outlay.

  • Competitive Interest Rates

    Benefit from some of the lowest interest rates in the market thanks to the VA loan program.

  • Flexible Credit Requirements

    VA loans are accommodating with credit scores, making homeownership possible even if your credit history isn't perfect.

  • No Prepayment Penalties

    Experience the freedom to pay off your mortgage early without any penalties.

  • Assistance with Closing Costs

    VA loans come with limits on closing costs, and sellers can pay a portion, making your home purchase more affordable.

  • Lifetime Benefit

    Use your VA loan benefits multiple times throughout your life; it's a lifetime benefit for your service.

  • Dedicated Support

    Receive expert guidance tailored for veterans throughout the loan process for a seamless home-buying experience.

Wondering If a VA Loan Fits Your Needs?

We understand the unique circumstances of military life. At Federal Hill Mortgage, we're not just about loans; we're about honoring those who've served. We're committed to providing clarity, transparency, and respect to every step of your homebuying journey.

Chat with a Loan Expert

Common questions about VA Loans

  • A VA loan is a mortgage backed by the Department of Veterans Affairs. It's available to active-duty service members, veterans, and some military spouses.

  • VA loans provide several advantages like no down payment, no private mortgage insurance (PMI), competitive interest rates, and lenient credit requirements.

  • VA loans are for buying a primary residence. This includes single-family homes, condos, and multi-unit properties, but they must meet VA appraisal standards.

  • Yes, you can reuse your VA loan benefit multiple times, subject to certain conditions like repaying the previous loan and restoring your entitlement.

  • VA loans are unique in not requiring a down payment or private mortgage insurance, making them more affordable.

  • Yes, VA loans offer refinancing options, including the Interest Rate Reduction Refinance Loan (IRRRL) and cash-out refinance.