While this type of loan does not require a down payment to be made in order to be approved, a one-time fee is still required. The fee’s amount will be decided by the loan officer, who will take into account the size of the loan as well as the type of veteran applying. This loan is one of the most affordable options for home buyers, but if paying a fee upfront poses an issue to you and your family, discuss your situation with your loan officer who will do what they can to assist you.

For any other questions regarding buying a home, give our team a call. And to find out if you qualify for a VA loan, contact us to speak to a team member who will answer any questions you have. Ready to apply for a VA loan? Click this link and fill out our application!

*A down payment is required if the borrower does not have full VA Entitlement.  VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. Thrive Mortgage is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency.

The Zack Seidman Team offers their services to assist veterans through their home buying process. We work with you to get the loan you need and sometimes with little to no money down down and no closing cost. We also offer a program for veterans who already possess a VA loan by lowering the interest rate without reviewing appraisal or further documentation. We assist in any way we can with any upfront fees that may pose an issue for you or your family. Call The Zack Seidman Team today to get the assistance you need to get a VA loan or a lowered interest rate on your current home loan!