Home ยท VA Loan Programs
VA Loan Programs, Explained in Plain English
Three powerful ways to use the benefits you earned โ whether you're buying your first home, lowering your payment, or tapping the equity you've built.
01 ยท Purchase
$0-Down VA Purchase Loans
The flagship benefit: finance up to 100% of your home's price with no down payment and no monthly PMI. In Northern Virginia's market, that can mean keeping $50,000โ$100,000+ in your pocket at closing.
- Zero down payment โ keep your savings for the move, the furniture, the life.
- No monthly PMI โ unlike conventional or FHA loans with low down payments.
- Competitive rates โ VA rates typically run below conventional rates.
- No prepayment penalty โ refinance or sell whenever it makes sense.
- Reusable entitlement โ use it again for your next PCS or move-up home.
02 ยท Refinance
VA IRRRL Streamline Refinance
Already have a VA loan? The Interest Rate Reduction Refinance Loan is the fastest, lowest-hassle refinance in the business โ built to drop your rate and payment with minimal paperwork.
- Usually no appraisal required.
- Minimal documentation โ often no income verification.
- Lower funding fee than a first-time VA loan.
- Fast closings โ streamlined by design.
03 ยท Refinance
VA Cash-Out Refinance
Sitting on equity? The VA cash-out refinance lets you tap up to 100% of your home's value โ more than conventional cash-out allows โ to consolidate high-interest debt, fund renovations, or strengthen savings.
- Up to 100% of home value โ versus 80% on most conventional cash-outs.
- Consolidate expensive debt into one lower payment.
- Even if your current loan isn't VA โ you can refinance a conventional or FHA loan into a VA loan.
At a Glance
VA vs. Conventional: The Difference Is Real
| Feature | VA Loan | Conventional (low down) |
|---|---|---|
| Down payment | $0 โ 100% financing | 3โ5% minimum |
| Monthly PMI | $0, always | $150โ$400+/mo until 20% equity |
| Typical rates | Often lower than conventional | Higher with low down payment |
| Credit flexibility | No VA minimum; flexible lenders | Stricter minimums + pricing hits |
| Funding fee | One-time (waived for service-connected disability) | N/A |
Not Sure Which Program Fits?
That's exactly what the free discovery call is for. We'll look at your service history, your goals, and your timeline โ and map the right VA path together.