VA Loans

$0 Down. Competitive rates. No Max Loan Amount.*

If you are a qualifying Veteran, you can get better rates than regular mortgages with loanDepot’s VA loan. Let our loan officers help you determine your eligibility and start the mission to build your personal wealth today!

*Purchase transactions only

*Purchase transactions only

VA Loans

$0 Down. Competitive rates. No Max Loan Amount.*

If you are a qualifying Veteran, you can get better rates than regular mortgages with loanDepot’s VA loan. Let our loan officers help you determine your eligibility and start the mission to build your personal wealth today!

*Purchase transactions only

*Purchase transactions only

What’s a VA loan and what are the benefits?

VA loans, guaranteed by the U.S. Department of Veterans Affairs (VA), are available only to U.S. military service people, veterans, some surviving military spouses and others who have served their country in specific ways. The Department of Veterans Affairs (VA) does not lend money for VA loans, but does guarantee a portion of the loan made by private lenders such as banks and mortgage companies in case the borrower defaults on the mortgage. The VA essentially agrees to repay a portion of the loan to the bank if the borrower defaults or forecloses.

No Down Payment

VA loans have no down payment requirement, so homebuyers can finance up to 100 percent of the purchase price of their home, or in some cases even higher.

No PMI Requirement

Unlike some FHA and conventional loans, VA loans do not require Private Mortgage Insurance (PMI). For additional details visit our VA loan calculator.

Less Stringent Restrictions

Since many veterans have spent time overseas and may not have established credit, the VA reviews the entire loan profile holistically before making a determination.

Competitive Rates

Although VA loans are not offered directly through the Veterans Administration, they are partially guaranteed by the federal government, enabling us to offer very competitive terms and interest rates compared to other types of loans.

Lower Closing Costs

The VA limits the closing costs lenders can charge to VA loan applicants, which can make a VA loan more affordable than other types of loans. Money saved can be used for furniture, moving costs, home improvements or anything else.

Use More Than Once

If you are eligible for a VA loan, you can use your VA loan benefit multiple times, on subsequent homes or even when refinancing an existing VA loan.

Discover Your Benefits & Explore Our Services

Unsure about VA Loan Eligibility?

Talk to our loan officers who are standing by to answer any questions you may have.

Are you about to PCS or ETS?

Increase your purchasing power by getting pre-approved before you start shopping.

First-Time Homebuyer?

See tips, tools and how to get up to $4,500 cash back when you work with loanDepot and mellohome.

First-time Homebuyer Center

CALCULATORS

Calculate Your Payment

Crunch your own numbers with our mortgage calculators. Run as many different scenarios as you’d like to see how much home you can afford.

Home Search

Explore homes and neighborhoods with ease, compare similar homes, view price and sales trends, and more!

Powered by
You will be redirected to comehome, a third party real estate brokerage managed by HouseCanary, Inc., a California licensed real estate brokerage (California DRE #02113022). Read comehome’s Licensing Information and Privacy Policy

Free Credit Score

Get your free credit report and start tracking your credit score.

Score

Report

Monitor

Savings

You will be redirected to SavvyMoney, a third party offering credit monitoring. See SavvyMoney Privacy Policy

VA Loan FAQs