For active duty, veterans and qualifying surviving spouses, a home loan guaranteed by the Department of Veterans Affairs is one of the most attractive advantages you can receive in thanks for your service. If you or your qualified spouse has ever served long enough to qualify for a “VA loan” on your primary residence, it’s a good idea to ask yourself if a VA loan is the right choice for your family. The Federal Savings Bank proudly specializes in VA lending for prospective homeowners, and in educating prospective borrowers through our free online Learning Center. Read on to learn more about how a VA home loan can work for you.
While each veteran or eligible military spouse may have different reasons for applying for a VA loan, there are a few reasons why VA loans are so popular:
VA loans are intended for primary residences. In some cases, this may mean purchasing your home with a VA loan, but there are different kinds of VA mortgages. You may be able to get a VA construction loan to build a custom home on a new lot or refinance your existing mortgage to a better interest rate. Whatever your homeownership goals, The Federal Savings Bank stands ready to help you meet them. Get in touch with one of our Veteran Lending Specialists today so you don’t miss out on the perks that you deserve in return for your service to our country.
Subject to credit approval. Terms and conditions may apply. Subject to VA eligibility requirements. Property insurance is required on all loans secured by property.