VA Loans

VA Home Loans: Zero Down, No PMI for Those Who Served

A VA Loan is a home mortgage option available to U.S. veterans, active-duty service members, and eligible surviving spouses. VA loans provide up to 100% financing with no down payment required and no monthly mortgage insurance. They are backed by the Department of Veterans Affairs. Rob Tennyson is proud to help veterans and service members maximize this exceptional benefit.

VA Loan Facts

  • 100% financing with no down payment required
  • No private mortgage insurance (PMI)
  • Competitive interest rates
  • VA waiting period post-foreclosure is only 2 years. This is one of the shortest of any loan program.
  • Seller concessions allowed up to 4% of the loan amount
  • VA loan benefits can be used multiple times, even after a short sale or foreclosure
  • No prepayment penalty

VA Loan Eligibility

Eligible buyers include active duty personnel, veterans, certain reservists and National Guard members, and surviving spouses of persons who die on active duty or from service-connected disabilities. Rob can obtain your Certificate of Eligibility (COE) in minutes through the VA automated system.

VA Funding Fee

VA loans charge a funding fee that varies based on your eligibility status. This fee can be financed into the loan. Veterans with a service-connected disability may be exempt from the funding fee entirely.

No VA Loan Limits for Full Entitlement

Since 2020, there are no VA loan limits for eligible veterans with full entitlement. This means you can purchase a high-value home with zero down, regardless of price. This is especially powerful in competitive markets where home prices are high.

Apply for a VA Loan Today

Rob Tennyson has extensive experience with VA purchase loans and VA IRRRL streamline refinances. Start your free VA pre-approval by clicking here or call 714-400-2317.

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