VA Loans – Home Financing for Veterans & Active Military
A VA loan is a government-backed mortgage designed to help veterans, active-duty service members, and eligible military spouses buy a home with zero down payment and great loan benefits. These loans are backed by the U.S. Department of Veterans Affairs (VA) and offer flexible qualification requirements.
Why Choose a VA Loan?
- No Down Payment – Buy a home with $0 down, making homeownership more affordable.
- No Private Mortgage Insurance (PMI) – Save money each month compared to conventional loans.
- Competitive Interest Rates – Lower rates help reduce monthly payments.
- Easier Qualification – More flexible credit and income requirements.
- No Loan Limits – No set loan limit for eligible buyers with full VA entitlement.
- Assumable Loan – If you sell your home, another VA-eligible buyer can take over your low-rate loan.
Who Qualifies for a VA Loan?
- ✔️ Active-duty service members, veterans, and eligible spouses.
- ✔️ Must meet minimum service requirements (usually 90 days active duty during wartime or 181 days in peacetime).
- ✔️ Must have a Certificate of Eligibility (COE) (we can help you obtain this).
- ✔️ The home must be your primary residence (not an investment property).
How The Mortgage Source SC Can Help
At The Mortgage Source SC, we’re honored to assist those who serve our country in achieving homeownership. Our VA loan specialists will:
- Help you obtain your COE and determine eligibility.
- Find the best VA loan rates to save you money.
- Guide you through the application for a smooth, hassle-free process.
- Ensure fast approvals so you can move into your new home sooner.
Get Started Today!
Contact us to see if a VA loan is right for you and take advantage of your well-earned benefits.