One of the most valuable benefits available to those who have served.
VA loans are available to eligible veterans, active-duty service members, and qualifying surviving spouses. They may allow for no down payment and no private mortgage insurance — depending on eligibility and the property being financed.
What to expect
A process built to keep the next step clear.
Royal United starts by confirming VA eligibility and reviewing your goals, then moves through application, appraisal, and underwriting with one advisor keeping the process organized from start to close.
Step 1
Confirm eligibility and direction
The first step is verifying VA eligibility, reviewing your goals, and comparing loan structure options before moving into the formal application.
- 1.Review VA eligibility and obtain a Certificate of Eligibility
- 2.Discuss goals, timeline, and loan structure options
- 3.Compare loan amount, term, and funding fee scenarios
Step 2
Move through application and underwriting
Once the direction is set, the process moves through a VA-compliant appraisal and underwriting with your advisor coordinating each step.
- 1.Sign the application electronically
- 2.Complete a VA appraisal on the subject property
- 3.Provide required documents and complete underwriting
Step 3
Close with full clarity on terms
The final stage is about confirming your loan terms, the funding fee structure, and scheduling a smooth closing.
- 1.Receive final approval and confirm the closing date
- 2.Review final loan terms including funding fee structure
- 3.Sign closing documents and take possession of the home
Program benefits
What VA financing may offer.
General information only. Actual eligibility and benefits depend on your service history, credit, income, property, and the full application.
No down payment required
Eligible borrowers may purchase a home with no down payment, depending on VA entitlement and loan amount — one of the most significant benefits of this program.
No private mortgage insurance
VA loans do not require PMI, which can reduce the monthly payment compared to conventional financing with less than 20% down.
Competitive loan terms
VA loan rates and terms are often competitive — exact rates depend on your credit, loan type, and lender, and are never guaranteed.
Who this may be a fit for
VA financing may benefit eligible borrowers in these situations.
Eligibility is determined by the VA based on service history and other criteria. A loan advisor can help you confirm eligibility before moving forward.
Veterans and active-duty members
The VA loan benefit is designed specifically for those who have served in the U.S. military. Eligibility depends on service history and VA requirements.
Qualifying surviving spouses
Certain surviving spouses of service members may also be eligible for VA loan benefits. Eligibility is determined by the VA based on specific criteria.
Buyers with limited savings
The no-down-payment option may help eligible borrowers purchase sooner than programs requiring upfront cash — depending on entitlement and loan amount.
Not a guarantee of eligibility or approval. VA loan eligibility is determined by the Department of Veterans Affairs based on service requirements.
What our clients say
22,000+ five-star reviews.
"Fast action...accurate...quick closing."
Judy Freeman
"Evan, was my second person I called when searching for a cash out loan. His patience, with explaining how his company may be just what we were looking for was impressive, extremely competitive with other lenders. The process was so much easier with his attention to detail of our goals. The closing cost were better than any other lender that I had contacted. Evan was a the kind of person I would like to have as a neighbor. Hats off to Royal United mortgage and there team."
Stanley Ward
"Great Experience."
mckin285
"Very professional. Process was easy flowing. They requested their needs and I submitted them in a timely manner which made the processing of all paperwork finished quickly. I would definitely recommend Royal Mortgage for the processing of refinancing or home equity funds."
Emma Clarke
"very good experience he made this so easy. never had anyone work this hard for us. complete ease from start to finish. great job"
dennis
"Smooth and easy I was a first time home buyer and he made sure to help me every step of the way. I couldn’t be happier that I got him to help me the this process and would definitely recommend him to anyone!"
Jon
"it has been an excellent experience the entire process and follow up by Jacob has been wonderful and surprising. he follows up and walks through the process with you and always answers any questions. my husband and i have told so many of our friends about him. he definitely is an asset to the company"
CLARA
"Great experience"
Teri O'Brien
"Danielle was excellent and very professional!"
KING JAMES BORDERS
"I was treated well as a customer and everyone was nice and very helpful with my transaction."
Anthony Outten
"They were really good in helping us."
Lafrances Garrett
"My agent was very attentive and helpful and we spoke almost daily, making the entire process painless!! I am impressed"
Serenity Farms Prepping
Frequently asked questions
Common questions about VA loans.
Who qualifies for a VA loan?
VA loans are available to eligible veterans, active-duty service members, National Guard and Reserve members who meet service requirements, and qualifying surviving spouses. The VA determines eligibility based on length and character of service.
Do I need a down payment for a VA loan?
Eligible borrowers with full VA entitlement may purchase with no down payment. Borrowers with reduced entitlement or loan amounts above certain limits may be required to make a down payment. A loan advisor can review your specific entitlement situation.
What is the VA funding fee?
The VA funding fee is a one-time fee paid to the VA to help sustain the program. The amount varies based on your loan type, down payment, and whether it is your first use of the benefit. Some borrowers — such as those receiving VA disability compensation — may be exempt.
Can I use a VA loan to buy a second home or investment property?
VA loans are limited to primary residences. You must intend to occupy the property as your primary home. They may not be used for investment properties or vacation homes.
How do I get a Certificate of Eligibility?
A Certificate of Eligibility (COE) confirms your VA loan benefit. It can be obtained through the VA's eBenefits portal, by working with a VA-approved lender, or by submitting VA Form 26-1880. A loan advisor can often help you obtain your COE as part of the process.
Can I use my VA loan benefit more than once?
Yes. VA loan benefits can typically be used multiple times, provided prior VA loans are paid off or the entitlement is otherwise restored. A loan advisor can review your entitlement status and help you understand your options.
General information only. Not financial, legal, or tax advice. VA loan eligibility and terms are subject to VA requirements and lender guidelines.
Ready to explore VA loan options?
Ready to explore VA loan options with a dedicated advisor?
A Royal United loan advisor can help confirm your eligibility, review your options, and walk through the process from start to close.