Why a VA Loan?
The VA loan program is one of the most powerful home financing benefits available for Minnesota veterans — and unfortunately, it's one of the most underused options. If you've earned VA eligibility, here's what it can mean for you:
• No down payment required on eligible VA purchase loans
• No private mortgage insurance (PMI)
• Flexible credit qualifying guidelines
• Limits on closing costs the veteran can be charged
• Reusable benefit — use it more than once for VA refinance options
This is not a commitment to lend. All loans are subject to credit approval and VA eligibility requirements.
VA Purchase Loans in Minnesota
Are you considering buying a home in Minnesota? With VA purchase loans, eligible borrowers can finance up to 100% of the purchase price on qualifying properties, eliminating the need for monthly PMI payments.
Whether you’re a first-time buyer or looking for your next home, Steve will guide you through the entire process, from obtaining your Certificate of Eligibility (COE) to closing.
Who May Be Eligible for Minnesota veterans loans:
• Veterans with qualifying active duty service
• Active-duty service members
• National Guard and Reserve members with qualifying service
• Surviving spouses of veterans who died in service or from a service-connected disability
Eligibility for these VA refinance options is determined by the U.S. Department of Veterans Affairs.
Please note, this is not a commitment to lend.
VA Refinance Options — IRRRL and Cash-Out
Already have a VA loan? You may be able to lower your rate or access your home's equity.
The VA loan program is one of the most powerful home financing benefits available for Minnesota veterans — and unfortunately, it's one of the most underused options. If you've earned VA eligibility, here's what it can mean for you:
• No down payment required on eligible VA purchase loans
• No private mortgage insurance (PMI)
• Flexible credit qualifying guidelines
• Limits on closing costs the veteran can be charged
• Reusable benefit — use it more than once for VA refinance options
This is not a commitment to lend. All loans are subject to credit approval and VA eligibility requirements.