At Mortgage Capital, we proudly serve those who’ve served. Our VA Purchase Loan program is designed to help eligible veterans, active-duty service members, and surviving spouses buy a home with no down payment, no private mortgage insurance (PMI), and competitive interest rates.
What Is a VA Purchase Loan?
A VA Purchase Loan is a home loan guaranteed by the U.S. Department of Veterans Affairs (VA). It was created to make homeownership more accessible for military service members and veterans. With benefits that far exceed conventional loans, a VA loan makes it easier to purchase a home — whether it’s your first or your fifth.
Key Benefits of a VA Purchase Loan
- $0 Down Payment – Buy a home without saving for years.
- No Private Mortgage Insurance (PMI) – Keep your monthly payments lower.
- Competitive Interest Rates – Enjoy rates often better than conventional loans.
- Flexible Credit Requirements – More lenient standards tailored for veterans.
- No Prepayment Penalties – Pay off your loan early without extra fees.
- One-Time VA Funding Fee – Finance the cost into your loan amount.
Who Is Eligible?
You may qualify for a VA Purchase Loan if you are:
- A veteran with an honorable discharge
- Active-duty personnel with sufficient service
- A member of the National Guard or Reserves
- A surviving spouse of a service member who died in the line of duty
We’ll help you determine your eligibility and guide you through the process of obtaining your Certificate of Eligibility (COE) from the VA.
Why Choose Mortgage Capital?
We specialize in working with military families and understand the unique needs of our service members. Here’s what sets us apart:
- Military-focused expertise
- Fast, responsive service
- Step-by-step guidance from pre-approval to closing
- Veteran-friendly team who truly cares
Get Started Today
Ready to buy your home with the benefits you’ve earned? Our VA loan experts are here to help.
Contact us today — no obligation, no pressure.