VA Loans for military and veterans

If you’re active duty military, a veteran or an eligible family member of a military veteran, you may qualify for a Veterans Affairs loan, and one of Movement’s biggest perks – waived lender’s fees*.

The VA Mortgage is a government-based product offering 100% financing of the reasonable value of the property, with less restrictive qualifying terms than conventional programs.

VA Loan Specifications

(1-4 unit, primary residence only)

30-year Minimum FICO
  • 580 minimum FICO and maximum loan amount of $453,100; or
  • 620 minimum FICO and maximum loan amount of $1,500,000
15-year Minimum FICO
  • 640 minimum FICO and maximum loan amount of $1,500,000
  • Note: For loan amounts greater than > $453,100 the maximum loan amount must include the funding fee when financed (applies to both 15 and 30 year fixed)

Houseing Grants for Service-Related Disabilities

Those eligible for an adapted housing grant through Veterans Affairs can get help with a service-connected disability purchase, build an adapted home or adapt an existing home to support their disability.

If you’re a military veteran looking to buy, refinance a VA loan or want to learn more about VA homeownership benefits, let us know today.

Disclaimers:

*excludes other VA-permissible itemized charges
*VA loans require a VA Funding Fee that may be financed into the loan or paid out of pocket at closing
*VA loans require a VA Funding Fee that may be financed into the loan or paid out of pocket at closing.

Contact a home buying expert

Find out more about the FHA program and eligibility requirements from your Assent Mortgage Loan Officer.

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