American Flag - VA Loans - ODVA Loans

The Department of Veterans Affairs guarantees VA loans, which are used to refinance owner occupied VA approved residences that are single family homes, townhouses or condominiums; or, to obtain cash out to renovate a home. 

VA Streamline:

VA Loans – Features

  • Available loan amount up to $424,100 for owner occupied homes
  • 100% financing available
  • Low interest rates
  • No prepayment penalty
  • Both fixed rates and adjustable rates available
  • Flexible credit requirements

Loan Requirements

  • Veteran status is required for these loans, but they are also available to spouses.
  • Specific service time requirements
  • Single family primary residence
  • Minimum 600 FICO credit score
  • Funding fee for VA loan
  • Properties must meet VA guidelines
  • Maximum of 1 VA loan at one time