VA Loan Guaranty Program

Veteran's Administration Mortgage Loan Guaranty

According to a recent Mortgage Bankers Association's National Delinquency Survey, the Veteran's Administration's (VA) foreclosure and serious delinquency rates have been the lowest in the housing industry, even when compared to prime loans. VA-guaranteed home loans are made by banks and mortgage lenders, with the VA ensuring payment of a portion of the loan if the borrower fails to repay the balance. Because the VA backs the loan, it is easier for mortgage lenders to approve.

When using the VA Loan Guaranty, you can buy a home, refinance to a lower rate, buy a townhouse or condominium unit, or even build a home. Fill out the simple and secure form to compare lenders and find the best rates.

Compare Lenders and Find the Best Rates

To compare rates, flip your phone to the landscape view.

In a time where other no-downpayment programs are virtually non-existent and mortgage credit can be difficult to get, Veterans and Servicemembers have an avenue to obtain financing and take advantage of historically low rates through the VA home loan program. Most Veterans, Servicemembers, Reservists and National Guard members, as well as some surviving spouses, are eligible for the program, which provides an opportunity for borrowers to qualify for no-downpayment home loans as well as regular and interest-rate-reduction refinance home loans.

The VA Interest Rate Reduction Refinance Loan (IRRRL) lowers your interest rate by refinancing your existing VA home loan. By obtaining a lower interest rate, your monthly mortgage payment should decrease. You can also refinance an adjustable rate mortgage (ARM) into a fixed rate mortgage. Servicemembers and Veterans are strongly urged to contact several lenders because terms may vary.

Request a Certificate of Eligibility for VA Home Loan Benefits

It is possible, actually preferred, to obtain a Certificate of Eligibility from your mortgage lender. If you are ultimately approved for a loan, allow the vendor you choose from the form above to do the leg work for you. Most lenders have access to the Automated Certificate of Eligibility (ACE) system. ACE is Internet based, and the application can establish eligibility and issue an online Certificate of Eligibility in a matter of seconds.

You can also go online and use the VA's EBenefit Web site to access your VA beneift data, and even apply for your certificate. For those who do not have access to the Internet, you can request a Certificate of Eligibility for VA home loan benefits by completing VA Form 26-1880 and submitting it to the VA Eligibility Center along with acceptable proof of service as described on the instruction page of the form.

This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency. If you would like to find more information about benefits offered by the U.S. Department of Veteran Affairs, please visit the official U.S. government web site for Veterans' benefits at

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