You Earned This Benefit.
Let's Use It.
$0 down. No PMI. No origination fees. The VA loan benefit is one of the most powerful financial tools available β and as a veteran-owned business, we know exactly how to maximize it for you.
The Most Powerful
Home Loan Available
The VA loan program was established in 1944 as part of the GI Bill β a thank-you to servicemembers for their sacrifice. The Department of Veterans Affairs guarantees a portion of each loan, which lets lenders offer terms that no other loan program can match. No down payment. No private mortgage insurance. Typically the lowest interest rates available.
VA Loan Eligibility β
Service Requirements
Eligibility is based on your military service history. Here's who qualifies. If you're not sure, we can pull your Certificate of Eligibility (COE) directly β usually takes a few minutes.
- Currently serving on active duty
- Minimum 90 continuous days of service
- 90 days wartime service
- 181 days peacetime service
- Discharged under conditions other than dishonorable
- 6 years of service, OR
- Deployed on federal active duty orders for 90+ days
- Unremarried surviving spouse of a veteran who died in service or from a service-connected disability
Not sure if you qualify? Let us pull your COE. We do it through the VA's automated system β it takes minutes and doesn't cost you anything. Even if you've used your benefit before, you may have remaining or full entitlement available.
How Much Does Your
VA Benefit Actually Save You?
Here's a side-by-side comparison on a $400,000 home. The difference isn't subtle.
The VA Funding Fee β
What It Is and Who Pays It
The VA funding fee helps keep the loan program self-sustaining. It's a one-time fee β typically rolled into your loan balance, so you don't pay it out of pocket at closing. It varies based on your down payment and whether this is your first VA loan.
Even with the funding fee rolled in, most veterans come out ahead compared to a conventional loan when you factor in no PMI and the typically lower interest rate. We'll show you the exact math on your call.
Our Team Has
Walked This Path
Every Loan Officer on our team is a veteran. We understand the VA process, the military lifestyle, and what it means to earn this benefit β because we earned it too.
Run Your VA Numbers
Before Your Call
Know your numbers before you talk to anyone. These calculators are built specifically for VA loan scenarios.
The VA IRRRL β
The Simplest Refi Available
The Interest Rate Reduction Refinance Loan (IRRRL) β also called the VA Streamline β lets you refinance your existing VA loan into a lower rate with minimal documentation. No appraisal required in most cases. No income verification in most cases. No out-of-pocket costs if you roll the fees in.
If rates have dropped since you got your VA loan, this is worth a 10-minute conversation.
IRRRL seasoning requirement: You must have made at least 6 payments on your current VA loan, and 210 days must have passed since your first payment date. Your Loan Officer can tell you in minutes if you're eligible.
See What a VA Loan
Actually Costs Monthly
est. tax & insurance
You Served. Now Let
Your Benefit Serve You.
Talk to a veteran Loan Officer who has been through the VA loan process personally. We know the benefit, we know the paperwork, and we know how to get you to the closing table.
New Point Lending, DBA Quazel Mortgage Β· NMLS #2133626 Β· Licensed in UT Β· ID Β· FL Β· CO Β· Equal Housing Opportunity