What Is a VA Home Loan?

A VA home loan is a mortgage program backed by the U.S. Department of Veterans Affairs. It’s designed to make buying or refinancing a home more accessible and affordable for eligible veterans, active-duty service members, and surviving spouses.

Key VA Loan Benefits

• No down payment required: Qualified borrowers can often purchase a home with 0% down.
• Competitive interest rates: VA loans typically offer lower rates than conventional mortgages.
• No private mortgage insurance (PMI): Save hundreds of dollars per month compared to other loan types.
• Flexible credit and income guidelines: VA loans are designed with veterans’ unique financial needs in mind.

VA Loan Refinance Options

Already own a home? The VA Interest Rate Reduction Refinance Loan (IRRRL), also known as a VA Streamline Refinance, makes it easier to refinance to a lower rate or reduce your monthly payments. In many cases, there’s no appraisal or income verification required.

Why Work With Abacus Financial

At Abacus Financial, we’re proud to serve those who’ve served us. Our team understands the details of VA home loan programs and is dedicated to helping veterans and military families make confident, informed home financing decisions.

Whether you’re buying your first home or exploring VA refinance options, we’re here to guide you every step of the way.

Ready to get started?

Schedule a complimentary 30-minute consultation with an Abacus Financial mortgage broker today to explore your VA home loan options and take the next step toward homeownership. Call us at 800-225-7285 or click here to request your consultation!