VA mortgages are the best mortgage option for many eligible veterans and active-duty military personnel looking to buy a home.
What is a VA loan?
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA). The VA loan was created in 1944 to help returning service members, surviving spouses, veterans, and their families find housing.
VA loans are made by private lenders, such as banks and mortgage companies. The VA guarantees part of the loan, which lets the lender offer more favorable terms.
Do VA loans require a down payment?
The most significant benefit of a VA loan is that eligible borrowers can buy a home without putting any money down. With other loans, you are typically required to pay for private mortgage insurance if you don't put at least 20% down.
What can a VA loan be used for?
If you are a qualifying borrower, a VA loan can be used for purchasing, building, repairing, retaining, or adapting a home to fit your specific needs.
Is Greenlight Mortgage a VA lender?
Yes. We are a certified lender for the VA home loan. Kenneth Travis served 8 years in the Marine Corps before starting his mortgage career.
Talk to a Longview mortgage broker
Every borrower's situation is different. Call Kenneth Travis's team at 903-331-0892 to talk through va loans and the rest of your options, or apply online.