mortgage logo mortgage logo

Home Loans for Veterans

VA home loan programs for those who have served our country

Get VA Purchase Rates

VA Loan Program Features

VA loans are issued by approved lenders like Flagstar Bank and are guaranteed by the U.S. Department of Veterans Affairs. They offer some very unique benefits to veterans, active-duty military members and their families. These features include 0% down (for qualified borrowers), no private mortgage insurance, competitive rates and favorable loan terms. VA loans are available for home purchases and for refinancing under the program called VA Interest Rate Reduction Refinance Loan (IRRRL1).

Get VA Purchase Rates
Get personalized VA mortgage rates in under one minute.
Apply for a Loan
Apply for your VA loan using our quick and easy online application.
Get Pre-Qualified
Buying a home? Get pre-qualified for a VA loan from Flagstar Bank.

Government Loans

Veterans Administration loan programs enable veterans and active-duty personnel to purchase or refinance a home with favorable loan terms as recognition for their service.

VA Fixed Rate

  • Fixed rate periods range from 10 to 30-years
  • VA mortgages can accommodate no down payment on many purchase transactions

VA Adjustable Rate

  • VA offers a 3 and 5-year initial fixed rate period
  • Interest rate is set at the time of closing and remains constant over the initial fixed-rate period
  • Once the fixed-rate period expires, the interest rate can increase or decrease on an annual basis

VA Interest Rate Reduction Refinance1

  • A VA IRRL replaces your existing VA guaranteed loan
  • It’s easy, often times has no appraisal, and minimal paperwork is required in this steamlined refinance
  • Both fixed and adjustable-rate terms are available

1IRRRL – Program terms available may vary based on the state and county in which the financed property is located. Interest on the portion of your loan balance that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. You should consult a tax advisor for further information regarding the deductibility of interest and charges.