VanDyk Mortgage Corporation

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Veterans Home Loans

Supporting Our Heroes in Their Homebuying Journey

Who is this for?

Veterans, Surviving Spouses, Active-Duty Military Members: VA loans are specifically designed for those who have served in the military, making homeownership more accessible.

Benefits:

Flexible Down Payment:

You can buy a home without needing to pay anything upfront, making it easier to get into a home without having to save for a large down payment.

No Monthly Mortgage Insurance:

Unlike many other loans, VA loans do not require private mortgage insurance, which means lower monthly payments.

Lower Interest Rates:

VA loans often come with competitive interest rates, helping to keep your monthly payments more affordable.

Lenient on Credit Scores:

VA loans are designed to help veterans and active-duty military members, so they can be approved even with lower credit scores or a less-than-perfect credit history.

Help with Closing Costs:

VA loans allow sellers to cover closing costs. Sellers can contribute up to 4% of the property’s value toward concessions, with no limit on contributions for costs like appraisals, credit reports, and loan origination fees.

Things to Keep in Mind:

Eligibility:

VA loans are exclusively for veterans, surviving spouses, and active-duty military members. You’ll need to provide documentation of your service to qualify.

Upfront Fee:

While there’s no down payment, there is a one-time funding fee that can be added to your loan amount. This fee helps support the program and can be rolled into the total loan cost instead of paid upfront.

VanDyk Mortgage, we proudly support the Red Shirt Friday movement to honor and show appreciation for our troops and veterans. By wearing red every Friday, we stand together to recognize the sacrifices made by those who have served in our military. Join us in making a difference as we continue to show our gratitude for their selfless service. Check out our amazing colleagues in red as we show our support!

If you’re unsure if a VA loan is the right choice for you, don’t hesitate to contact one of our home loan advisors for personalized guidance!

Find a Loan Originator

30-Year Fixed-Rate Mortgage: The payment on a $200,000 30-year Fixed-Rate Loan at 4.375% and 75.00% loan-to-value (LTV) is $998.58 with 1.875 points due at closing. The Annual Percentage Rate (APR) is 4.635%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.

15-Year Fixed-Rate Mortgage: The payment on a $200,000 15-year Fixed-Rate Loan at 3.75% and 75.00% loan-to-value (LTV) is $1454.45 with 2 points due at closing. The Annual Percentage Rate (APR) is 4.214%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.