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VA Loan Eligibility

Do I qualify for a VA loan, and how much mortgage money can I borrow?
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Common Questions

Income, residence type, credit score info and a number of other FAQ's about VA Loans.
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Interest Rates

How do I shop for the best interest rate on a VA IRRRL refinance or purchase?
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VA Home Loans & Approved Lenders in Owensboro

VA Guaranteed Home Loans For Veterans

If you are an active military service member or previously served in the armed forces, you may be eligible for a VA Loan.

The primary purpose of the VA Home Loan Program is to help veterans finance the purchase of residential real estate with favorable lending terms and at an interest rate that is usually lower than rates charged on other mortgage programs.

With regards to the VA Loan Program, the term "veteran" includes certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.

Benefits Of VA Home Loans

The VA Guaranteed Home Loan Program is a benefit earned by Veterans and eligible service members. Work with VA Guaranteed Home Loans, a Kentucky Mortgage Lender that specializes in VA Home Loans.

→ Typically No Down Payment
→ Competitive Interest Rates
→ No Prepayment Penalties
→ Caps on Closing Costs

Requirements For A VA Loan Approval

According to the VA, borrowers must have suitable credit, sufficient income and a valid Certificate of Eligibility (COE) to be eligible for a VA Guaranteed Home Loan.

One of the more obvious benefits of a VA Loan is that it helps ensure the veterans are provided with an equal chance to buy homes. In addition to providing the opportunity of home-ownership without discrimination, the VA Loan program also offers the possibility of obtaining a loan for a home purchase without requiring a down payment.

You can check to see if your lending scenario loan is eligible for the Kentucky VA Home Loan Program by CLICKING HERE, or feel free to call and speak with one of our VA Mortgage Specialists at 502-804-4134.