Here's how the process typically works:

Get Pre-Qualified

A pre-qualification gives you an early estimate of how much you might be able to borrow. It's fast, easy, and doesn't require a full credit review, perfect for getting a general idea of your buying power.

Get Pre-Qualified

Get Pre-Approved

A pre-approval is a stronger signal to sellers and lenders. It involves verifying your income, assets, credit score, and debt-to-income ratio. A pre-approval letter shows sellers that you're a serious buyer and can help you secure competitive mortgage offers.

Compare Mortgage Rates

Rates vary by lender, loan type, and your financial profile. Shopping around helps ensure you get the lowest possible rate, which can save you thousands over the life of your loan.

Compare Mortgage Rates

Complete Your Mortgage Application

After choosing a lender, you'll fill out a full mortgage application and submit supporting documents like W-2s, bank statements, tax returns, and pay stubs.

Underwriting & Loan Approval

The lender reviews your application, verifies your financials, and conducts an appraisal on the property. Once approved, you'll receive a final loan estimate.

Close on Your Home

You'll review your final loan documents, pay closing costs, sign the paperwork, and officially take ownership of your home.

A VA home loan (also known as a Department of Veterans Affairs home loan) is one of the most useful military benefits. If you qualify, you can buy or build a home, or refinance an existing home mortgage, with as little as $0 down, great rates and financing with no mandated cap. Another benefit over traditional mortgages is that there is no PMI (Private Mortgage Insurance).

For most eligible service members and veterans, a VA loan is one of the most valuable home-buying options available. This section explains how VA loans work and how to apply.

Are you eligible to use a VA loan? If you have served on active duty for at least 90 days or met other service benchmarks created for Guard and Reserve members, the answer is likely yes.

• Completed at least 90 days of active-duty service.
• Have at least 6 years of service in the Reserves or National Guard.
• Served at least 181 days of active service during peacetime.
• Have 90 cumulative days of active service under Title 10 or Title 32 (30 consecutive days required under Title 32).
• You're the spouse of a military service member who died in the line of duty or from a service-related disability.

If you're ready to move forward, or just want more information, the first step is simple: answer a few easy questions and you'll be on your way to connecting with a VA Mortgage Expert. No commitment required.

Start My VA Loan