A VA mortgage is a valuable benefit for qualifying military veterans and active service members with no down payment options with flexible qualification guidelines.



VA Loan Advantages for Our Valued Veterans

We believe it’s important to recognize and appreciate our veterans. That’s why at McGlone Mortgage, we’re proud to offer VA Loans with special features that benefit qualified active duty service members, veterans, and surviving spouses. VA Loans require no down payment and have more flexible and forgiving underwriting guidelines than other loan programs.

VA loans are guaranteed by the Department of Veterans Affairs. To be eligible for a VA loan, you must obtain a Certificate of Eligibility from the Department of Veterans Affairs. As an approved VA Lender, we have provided VA purchase and refinance loans to thousands of clients throughout our history.

Key Features and Benefits of VA Loans:

  • Allow borrowers to purchase or refinance 1-4 unit owner-occupied townhouses, condominiums, and PUDs
  • No required down payment
  • No monthly private mortgage insurance (PMI) required
  • Liberal qualifying ratios and credit requirements
  • Gift funds may be used for down payment, closing costs, and prepaid expenses
  • Loan limits depend on geographic location
  • No first-time homebuyer restrictions
  • Available for purchase or refinance loans
  • Assumable loans

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