VA Loans


Prime Realty & Lending is a retired veteran owned business.  We are proud and honored to serve our service members, veterans and their surviving spouses with low cost VA home loan options.  We support nonprofit veteran organizations and give back to our military and veteran community through charitable donations.  We also provide up to a 33% rebate of real estate commissions through escrow to help pay the veterans' closing costs when we represent them in a real estate purchase!  Please see our First Responder & Military Rewards Program.

A VA loan is a mortgage loan available through a program established by the U.S. Department of Veteran Affairs (VA) (previously the Veterans Administration). With VA loans, veterans, service members, and their surviving spouses can purchase homes with little to no down payment and no private mortgage insurance and generally get a competitive interest rate.

VA loan mortgage rates are not set by the U.S. Department of Veteran Affairs.  Each VA approved mortgage lender will set their own rates so we partnered with multiple VA approved lenders to get you the most competitive interest rates.

VA loans help active service members, veterans, and their surviving spouses become homeowners. They provide up to 100% financing on the value of a home. Eligible borrowers can use a VA loan to purchase or build a home, improve and repair a home, or refinance a mortgage.

The VA sets the qualifying standards, dictates the terms of the mortgages offered, and backs the loan, but doesn’t actually offer the financing. Instead, VA home loans are provided by private lenders, such as banks and mortgage companies.

When borrowers apply for a loan, they need to provide the lender with a certificate of eligibility from the VA. To get the certificate, you’ll have to produce service-related documentation, which can vary based on whether you are active duty or a veteran. The certificate can be obtained from the VA website. Although some of the lender’s own underwriting requirements still must be met, in most cases, VA loans are easier to qualify for than conventional loans.