About Home Loans

The VA Home loan is a loan guaranty benefit that can be used to buy, repair or even build a new home. It is available to honorably discharged veterans, servicemembers and surviving spouses who meet the eligibility criteria. Private lenders such as banks and mortgage companies offer the loan and the VA guarantees a portion of it. This makes veterans more favorable to loan to which means the veteran can be provided with more favorable loan terms.

Types of Loans

Purchase Loans help you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance.

Interest Rate Reduction Refinance Loan (IRRRL): also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan.

Native American Direct Loan (NADL) Program: helps eligible Native American Veterans finance the purchase, construction, or improvement of homes on Federal Trust Land, or reduce the interest rate on a VA loan.

Adapted Housing Grants: help Veterans with a permanent and total service-connected disability purchase or build an adapted home or to modify an existing home to account for their disability. Learn More

Eligibility Requirements

The length of your service or service commitment and/or duty status may determine your eligibility for specific home loan benefits.

Purchase Loans and Cash-Out Refinance: VA-guaranteed loans are available for homes for your own personal occupancy. To be eligible, you must have a good credit score, sufficient income, a valid Certificate of Eligibility (COE), and meet certain service requirements. Full list of Eligibility requirements for all VA home loans are available at the VA website.

How to Apply

Those that meet the eligibility guidelines as stated on the VA website can apply online through the Ebenefits Portal or by mail. To apply by mail send a completed VA Form 26-1880, Request for Certificate of Eligibility to:

Atlanta Regional Loan Center
Attn: COE (262)
P. O. Box 100034
Decatur, GA 30031

VA loans are obtained through a lender of your choice once you obtain a Certificate of Eligibility (COE).