The Mortgage Phoenix Group

Loan Programs

VA Home Loan

A VA home loan is a mortgage option exclusively available to U.S. military veterans, active-duty service members, and, in some cases, their widowed spouses. Designed to make homeownership more affordable, VA loans offer competitive interest rates, lower monthly payments, and the ability to purchase a home with zero down payment. This loan is ideal for those who have served our country and now wish to secure a stable and affordable home for themselves and their families.

Affordable

Exclusive

Flexible

Start by Getting Pre-Qualified

Requirements

Here's what you'll need to get started.

Military Service Status

Must be a veteran, active-duty service member, or eligible surviving spouse. Discharge must be under conditions other than dishonorable.

Minimum Credit Score

While there is no specific minimum credit score required by the VA, most lenders typically require a score of at least 580.

Income and Employment Verification

A minimum of two years of consistent employment is required, along with standard income documentation.

Debt-to-Income Ratio (DTI)

The DTI ratio varies by lender guidelines but generally should not exceed 41%.

Property Requirements

The home must be the borrower’s primary residence and meet certain safety and habitability standards as defined by the VA.

Property Requirements

The home must be the borrower’s primary residence and meet certain safety and habitability standards as defined by the VA.

How The Mortgage Phoenix Group Can Help

As a military veteran or active-duty service member, navigating the VA loan benefits can be overwhelming. Our Loan Officers can help you fully understand how to maximize your VA benefits, including the zero-down payment option and competitive interest rates. We’ll guide you through your financial profile, ensuring that you’re in the best possible position to purchase a home without the stress of additional fees or PMI. Our mortgage planners understand the unique challenges veterans face, and we’re here to make the process seamless, ensuring you secure your dream home with the benefits you’ve earned.

Get Started Today by Getting Pre-Qualified!