VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

 VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

 

Benefits:

Purchase Loans help you purchase a home at a competitive interest rate often without requiring a down payment or private mortgage insurance. Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements. Learn more:  http://www.benefits.va.gov/HOMELOANS/purchasecashout.asp

 

Requirements:

The length of your service or service commitment and/or duty status may determine your eligibility for specific home loan benefits.

 Purchase Loans and Cash-Out Refinance: VA-guaranteed loans are available for homes for your own personal occupancy. To be eligible, you must have a good credit score, sufficient income, a valid Certificate of Eligibility (COE), and meet certain service requirements. Learn more: http://www.benefits.va.gov/HOMELOANS/purchaseco_certificate.asp

 

How to Apply

  • If you’re a Chippewa County resident, call our office to schedule an appointment.