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VA Mortgage Loans

What you need to know

Veterans Affairs mortgages, better known as VA loans, make it easier for veterans to get financing to buy a home. The U.S. Department of Veterans Affairs is not a direct lender, but they do guarantee the loans provided their guidelines are met.

Eligible veterans, reservists, and Active Duty personnel and their eligible spouses with suitable credit, sufficient income and a valid Certificate of Eligibility (COE) can take advantage of 100% financing options. The property must be occupied by the veteran as their primary residence.

VA loans can offer:

  • Finance options up to 100% for qualified borrowers
  • Fixed-rate options
  • Maximum loan amounts determined by property location
  • No Private Mortgage Insurance (PMI) or Upfront Mortgage Insurance Premium (UMIP) required
  • Seller contribution up to 4% are allowed
  • Refinance options are also available

To find out more and ask about current rates, please contact us at 901-380-7530 or at

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Do you have questions about our loan products or services? Just give us a call or send us an email and we'll reply promptly.

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Payment Example: A 10 year fixed first mortgage loan with a 3.00% APR will have a payment of approximately $9.66 per thousand, which does not include insurance and taxes. Your payment may vary. Other rates and terms are available.  Loans are subject to approval criteria, not all applicants will qualify. Offers are subject to change or withdrawal without notice. Please see us for complete details. Equal Housing Lender. NMLS# 410640

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