VA Loans.

Who VA May Be Right For

1. Veterans who meet eligibility requirements
2. Active duty service members
3. Eligible surviving spouses
4. Buyers who want to purchase with no down payment

Why Buyers Choose VA Loans

1. No down payment required for most borrowers
2. No private mortgage insurance (PMI)
3. Competitive interest rates
4. Flexible credit and qualification guidelines

The VA loan process is designed to provide clarity and support from the start. We help you understand your eligibility, buying power, and next steps so you can move forward with confidence.

Process Steps.

1. Confirm eligibility and obtain Certificate of Eligibility (COE)
2. Complete a quick pre-qualification (no credit impact)
3. Review your budget and loan options
4. Shop for a home and close with guidance throughout

Requirements Snapshot.

• Eligibility: Based on service history or qualifying criteria
• Down payment: Often 0%
• Property type: Primary residence
• Mortgage insurance: Not required (PMI)
• Funding fee: May apply depending on eligibility and usage

Common Questions.

Do VA loans require a down payment?
In most cases, no. Many eligible borrowers can purchase with zero down.

Is mortgage insurance required?
No. VA loans do not require private mortgage insurance.

What is the VA funding fee?
The funding fee is a one-time cost that helps support the VA loan program. It may be financed into the loan.

Can I use a VA loan more than once?
Yes. VA benefits can often be reused, depending on your eligibility and prior usage.

VA vs Conventional.

• VA loans may offer lower upfront costs due to no down payment and no PMI
• Conventional loans may be preferred in certain scenarios depending on credit and long-term goals
• The best option depends on your eligibility and financial situation

Take the next step with confidence and schedule a no-pressure, no-obligation consultation with Team Molina.

Key Points:
• $0 down payment for eligible borrowers
• No private mortgage insurance (PMI)
• Designed specifically for veterans and active duty