VA Loans For Our Heroes

VA Loans in Louisiana | Kamron Kimbrough, GoRascal

Explore VA loan eligibility, the Certificate of Eligibility, and benefits for veterans and service members with Kamron Kimbrough at GoRascal in Louisiana.

VA Loans For Our Heroes

What is a VA loan, and who earns it?

Programs that may fit

Who may qualify

How entitlement and the funding fee work

What a VA loan offers, and what to weigh

Advantages

Tradeoffs

Two ways to use your VA benefit

Purchasing a home

Refinancing

Getting your Certificate of Eligibility

How I can help

Frequently Asked Questions

Vetted VA Professional | VVA4

LET'S TALK

VA home loans are available to eligible veterans, active-duty service members, and qualifying spouses. Many eligible borrowers can purchase with $0 down and no monthly PMI, with rates based on market conditions and underwriting.

The benefit

A VA loan is a mortgage made by a private lender and partially guaranteed by the U.S. Department of Veterans Affairs. The guarantee lets lenders offer terms that are hard to match elsewhere, such as no down payment and no monthly mortgage insurance. The benefit is earned through military service and can be used more than once.

A VA loan is not automatic. Eligibility depends on your service record and a Certificate of Eligibility, and the home generally must be your primary residence. I'll confirm each step before you spend time on a purchase.

Quick Eligibility Check

Educational suggestions based on typical guidelines — not a credit decision, pre-approval, or a commitment to lend.

Eligibility

Eligibility depends on the length and type of your service, your discharge, and your Certificate of Eligibility. The general requirements below are a starting point. Your record is what VA reviews.

General guidance from VA eligibility rules, which can include exceptions. Confirm your status with VA before you rely on it.

Entitlement

Entitlement is the amount of the loan that VA guarantees. With full entitlement, most eligible buyers can finance the purchase with no down payment, up to the county loan limit. If you have used part of your entitlement on an earlier loan that has not been paid off, a down payment may be needed to cover the gap.

The VA funding fee is a one-time cost that helps keep the program available. It is a percentage of the loan amount, and the rate depends on down payment, whether this is your first VA loan, and the loan type. It can usually be paid at closing or added to the loan. Some borrowers are exempt, including veterans receiving VA disability compensation and surviving spouses receiving Dependency and Indemnity Compensation. Confirm your status with VA before you budget.