VA Home Loans

The Veterans Affairs home loan (called VA for short) provides tremendous advantages that enable homeownership for the men and women who have served our country in the U.S. military. Since these loans are partially insured by the U.S. Department of Veteran Affairs, they offer unique benefits including up to 100% financing and easier qualification requirements.


Is It Right for You?

Eligible military personnel that generally includes Active Duty, honorably discharged Veterans, surviving spouses, Reservists and National Guard. Certain criteria apply and a Certificate of Eligibility from the Department of Affairs is a good first step (online at VA eBenefits website or call Veterans Affairs Benefits & Services 1.800.827.1000).


Is It Right for Your Situation?

Primary residence, single family and 2-4 unit properties, condos and townhomes, Planned Unit Developments (PUDs), and manufactured double-wide homes; maximum loan amount is $1,000,000 and varies by area.


Features and Benefits

  1. Up to 100% financing
  2. No Private Mortgage Insurance (PMI)
  3. Reduced closing costs compared to other mortgage types
  4. Fixed-rate, Adjustable-Rate Mortgages (ARMs), High Balance and Jumbo options available
  5. Gifts and seller contributions for closing costs allowed
  6. No prepayment penalties


VA Loans have been meeting the needs of our nation’s great military families since 1944, and Gateway proudly offers this program to those who have answered the call to defend the freedoms all American families enjoy daily. And our commitment to our service men and women extends beyond the loans we offer—check out the Gateway Gives Back section to see how we partner with Folds of Honor.

Ready to get expert advice and determine what works best for your personal situation? Contact one of our local, caring mortgage professionals at a Mortgage Center Near You.