VA Home Loans
Zero Down. No PMI. Earned by Service.
The VA Home Loan Guaranty program is one of the most powerful financial benefits available to U.S. military veterans, active-duty service members, and surviving spouses. As a veteran-owned brokerage, AMG has deep personal experience with VA loans and is uniquely positioned to help you maximize this hard-earned benefit.
2026 Program Requirements
Key Benefits
- No down payment required for qualified borrowers
- No private mortgage insurance (PMI) — ever
- Competitive interest rates, often below conventional
- Seller can pay up to 4% in concessions
- Assumable loan — valuable in rising rate environments
- VA IRRRL streamline refinance with minimal documentation
- VA Cash-Out Refinance up to 100% LTV
- No prepayment penalty
- Funding fee waived for veterans with 10%+ service-connected disability
The Process
Certificate of Eligibility (COE)
We pull your COE directly through the VA portal — no paperwork required from you in most cases.
Pre-Approval
We verify your income, credit, and entitlement to issue a strong pre-approval letter.
Property Selection
VA requires a VA appraisal. We coordinate this and ensure the property meets MPRs (Minimum Property Requirements).
Underwriting
VA underwriting includes both DTI and residual income analysis. We prepare your file to meet both standards.
Clear to Close
We target a 21-day close. Military precision — no surprises.
Frequently Asked Questions
Can I use my VA benefit more than once?
Yes. VA entitlement can be restored after a previous VA loan is paid off, or you can have two VA loans simultaneously if you have remaining entitlement.
What is the VA Funding Fee?
The VA Funding Fee is a one-time fee (1.25%–3.3% of the loan amount) that helps fund the VA program. It can be financed into the loan. Veterans with a 10%+ service-connected disability rating are exempt.
What is residual income?
Residual income is the amount of money left over after all monthly obligations are paid. VA requires a minimum residual income based on family size and geographic region — it's a key qualifier that many lenders overlook.
Can I use a VA loan for a multi-family property?
Yes — up to 4 units, as long as you occupy one unit as your primary residence.
Ready to Get Started?
Daryl will review your scenario and provide a detailed breakdown of your options — at no cost or obligation.