VA Loans
Zero down payment home financing for veterans and service members.
Zero Down Payment Home Financing for Veterans & Service Members
VA Loans are one of the most powerful benefits earned through military service — offering eligible veterans, active-duty service members, and surviving spouses the chance to buy a home with no down payment and no private mortgage insurance. At Louisa Mortgage, we're proud to help those who've served find the right VA loan for their homeownership goals.
Check Your VA Eligibility →What Is a VA Loan?
A VA Loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs and issued by approved private lenders, such as Louisa Mortgage. Because the VA guarantees a portion of the loan, lenders can offer exceptional terms — including no down payment — to those who qualify.
Why Choose a VA Loan?
$0 Down Payment
Finance 100% of your home's purchase price with no down payment required.
No Private Mortgage Insurance (PMI)
Unlike conventional and FHA loans, VA loans don't require monthly mortgage insurance, saving you money every month.
Competitive Interest Rates
VA loans often come with lower rates than conventional financing.
Flexible Credit Requirements
The VA doesn't set a minimum credit score, giving lenders room to work with a wider range of borrowers.
Limited Closing Costs
The VA limits the types of fees and closing costs lenders can charge, keeping your upfront costs lower.
Reusable Benefit
Your VA loan entitlement can potentially be used more than once over your lifetime.
Am I Eligible for a VA Loan?
VA loan eligibility is based on your military service history. You may qualify if you are:
- Active-Duty: An active-duty service member with at least 90 continuous days of service.
- Veteran: A veteran who meets minimum length-of-service requirements based on when you served.
- National Guard / Reserves: A member of the National Guard or Reserves with qualifying service.
- Surviving Spouse: An eligible surviving spouse of a veteran who died in service or from a service-connected disability.
To confirm eligibility, you'll need a Certificate of Eligibility (COE), which Louisa Mortgage can help you obtain.
Get a Free Eligibility Check →How to Apply for a VA Loan
- Confirm Your Eligibility: We'll help you request your Certificate of Eligibility (COE).
- Get Pre-Approved: Understand your buying power before you start house hunting.
- Find Your Home: Shop with confidence, knowing your VA benefit is ready to use.
- Submit Your Application: We'll guide you through documentation and underwriting.
- VA Appraisal: The VA requires an appraisal to confirm the home meets minimum property requirements.
- Close on Your Home: Finalize your loan and move into your new home — with $0 down.
VA Loan FAQs
No. VA loans can be used by first-time and repeat buyers, and your entitlement can often be reused for future purchases.
Most borrowers with full entitlement can buy with $0 down. In some cases involving reduced entitlement or higher loan amounts, a down payment may be required.
Most VA loans include a one-time funding fee, which helps keep the program running for future veterans. The fee amount depends on factors like your down payment and whether it's your first time using the benefit. Veterans with service-connected disabilities are often exempt.
Yes. Many veterans use their VA loan benefit multiple times throughout their lives, as long as entitlement is available.
No. VA loans do not require monthly private mortgage insurance, which can mean significant monthly savings compared to other loan types.
Ready to Use Your VA Benefit?
You've earned this benefit through your service — let Louisa Mortgage help you make the most of it. Our team will guide you through every step.
This content is for informational purposes only and does not constitute a loan offer or guarantee of approval. Rates, terms, and eligibility are subject to change and lender/VA review.