$0 Down VA Home Loans for Veterans & Military Families

Q: Why do borrowers choose VA loans?

VA loans offer powerful benefits like No down payment No PMI Competitive interest rates Flexible credit requirements They are one of the most affordable paths to homeownership for military families.

Use Your Earned Benefit to Buy with $0 Down

Homeownership is one of the strongest benefits available to those who serve. With a VA mortgage, qualified veterans and active-duty borrowers can purchase a home with no down payment, no monthly mortgage insurance, and flexible approval guidelines.

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Fast, no-pressure pre-approval in under 60 seconds.

Veteran-Owned Company

Licensed in 12 States

Over 25 Years Helping Military Families Home

Why Choose a VA Home Loan

No Down Payment Loans

Eligible borrowers can finance up to 100% of the home’s purchase price

No PMI (Private Mortgage Insurance)

Unlike most low-down-payment loans, VA financing eliminates private mortgage insurance

Lower Interest Rates

VA loans often come with more competitive rates than conventional mortgages

Reduced Closing Costs

The VA limits certain lender fees, meaning less cash due at closing compared to other loan types.

Less Rigid Credit Requirements

Credit score qualifications are often lower than those required for conventional loans.

VA Loan Eligibility Requirements

To qualify for a VA-backed mortgage, you must meet basic service and documentation guidelines.

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Service Qualification: VA loans are available to active-duty service members, veterans, National Guard / Reserve members, or eligible surviving spouses.

Certificate of Eligibility (COE): A COE confirms your VA loan entitlement and is required before closing.

Income and Credit: You must show sufficient income to pay your mortgage and all other obligations. The VA doesn't set a minimum credit score, however many lenders require a 620 or better.

Primary Residence: The property you are using the VA loan for must be intended to use as your primary residence.

Customer Reviews

Leo4 months ago
				It’s rough out here on these streets (the streets of purchasing a home in this post-great interest rate world). I shopped my interest rate with at least eight different lenders, and I can tell you that not all loans are created equal. There are points/buy downs, different interest rates, and lender’s fees/credits that must all be accounted for when selecting a mortgage. My personal goal was to get the lowest possible rate with the lowest possible loan/closing costs. If that is your goal (I am not a loan officer, broker, lawyer, or anything else that should make you think I am an expert), then it should be a pretty simple selection: look for the lowest rate with no “points” (a way to ‘buy down’ your interest rate by paying a set amount to the lender up front). As of today, average interest rates for a 30 year fixed VA loan is 6.71%. Most of my loan offers came in at 6.5% without points and excellent credit. Salute Mortgage (a Veteran Owned Small Business… if that’s important to you… as it was for me) came in significantly lower than where most of my other loan offers were. Beyond that, Steve Neyman, my loan officer, was great with communication and handed me off to their loan closing team in a manner that I did not have to rehash information I had already provided earlier, while ensuring we had no trouble closing on time. Now, I will say that Salute is the mortgage originator and are originating the loan for another bank/financial institution. That means I’ll be sending my payments to (in this instance) PennyMac and not to Salute Mortgage. I imagine this allows Salute to shop rates with multiple partnered banks and is likely what allowed them to give me that lowest rate. If the loan being assigned to an outside financial institution is a deal breaker for you (some loan offers highlighted that “we won’t sell your loan”… which I suppose only becomes a concern because you’ll have to change to whom you send your payments at some point in the life of the mortgage), I can only say that I think you are looking at this through the wrong lens. First, Interest rates have effectively more than doubled from 2020 rates, so if we are fortunate enough to see those amazing rates again, you’ll likely refinance and have to change where you send your payment anyhow. And if you’re buying a home now, you probably (even if you don’t know it yet) already subscribe to the notion that you are marrying the house and simply dating the rate. So, if your goal is to get a great rate, low origination costs, and close on time, I highly recommend the team at Salute Mortgage!
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Tu6 months ago
				Salute Mortgage was recommended directly for anyone using the VA Loan. My loan officer was Jackie Leah, THE PERSON YOU NEED for when using the VA Loan! My first time home purchasing went amazing smooth! Jackie was professional, knowledgeable, honest/trustworthy, & fast! She provides all the information in according to each progress along with advice that benefits us at that time. She was ALWAYS AVAILABLE when need and gave us clear instructions to proceed to the next step. She continued to help us all the way to the signing date and a few days post! Salute Mortgage is a must for veterans or veterans spouses using the va loan!
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Greg10 months ago
				Working with Jackie and Todd was a breeze! Todd got us a competitive rate. Jackie was always one step ahead on the process. I would definitely use Salute again.
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Bob10 months ago
				The process was easy and fast. Jackie was great and always available for any questions.
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VA Loan Funding Fee

One of the greatest benefits of a VA loan is you can get a loan with no down payment. However, most VA loans include a one-time funding fee that supports the program.

The amount varies depending on:

First-time vs repeat use
Down payment (if any)
Loan type

In many cases, borrowers with a disability rating may be exempt from this fee.

The VA Loan Process

Navigating the VA loan process involves several key steps

Get Pre-Approved

To ensure you are eligible for a VA loan you must obtain Your Certificate of Eligibility (COE).

Discuss your goals with a Salute Mortgage loan officer who will help to determine how much loan you can afford.

Search for homes in your desired area, within your budget. Once you find the right home enter into a purchase agreement.

Our team will help you complete your loan application and submit it for processing and underwriting.

The new home will be appraised to ensure it will meet the VA standards and the loan closing will be scheduled.

VA Loan vs. Conventional Loan

Things you should consider when comparing a VA loan to a conventional loan

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Down Payment: VA loans typically $0 down, Conventional loans require 3 – 5% down

Mortgage Insurance: VA loan no PMI, Conventional loans require PMI if less than 20% down payment.

Interest Rates: VA loans offer lower interest rates than conventional loans due to government backing.

Credit Score Requirements: VA loan credit requirements are more flexible than conventional loans.

VA Home Loan FAQs

Who qualifies for a VA mortgage?

VA loans are available to eligible veterans, active-duty service members, Guard/Reserve members, and certain surviving spouses. Eligibility depends on service history and discharge status.

Why do borrowers choose VA loans?

VA loans offer powerful benefits like:

No down payment
No PMI
Competitive interest rates
Flexible credit requirements

They are one of the most affordable paths to homeownership for military families.

Can I use a VA benefit more than once?

Yes — your VA loan entitlement can often be reused, even if you’ve had a VA loan in the past.

How much can I borrow with a VA loan?

Your borrowing power depends on your income, credit profile, and entitlement amount. Many veterans qualify for significant loan amounts with no down payment.

Start Your VA Home Loan with Salute Mortgage

At Salute Mortgage, we specialize in helping veterans and service members take full advantage of their VA benefits. Our team makes the process simple, fast, and clear — from pre-approval through closing.

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