At Clear Mortgage, we proudly serve those who have served our country. VA loans are one of the most powerful mortgage options available, offering veterans, active-duty service members, and eligible surviving spouses a clear path to homeownership with unmatched benefits. Backed by the U.S. Department of Veterans Affairs, these loans require no down payment, no private mortgage insurance (PMI), and feature some of the lowest interest rates in the industry.
If you’ve worn the uniform, let us help you take advantage of the benefits you’ve earned.
This loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs. It was created to make it easier for military members and their families to buy, build, or refinance a home. Unlike conventional loans, This loans are only available to eligible service members and come with exceptional advantages, including the ability to purchase with zero down and no monthly mortgage insurance.
One of the most well-known benefits of a VA loan is that it allows qualified borrowers to finance 100% of their home’s value. This means no need to save for a large down payment — an enormous advantage, especially in today’s market.
While most other low-down-payment loans require monthly PMI, VA loans do not. This helps reduce your monthly payment and can save you thousands over the life of your loan.
VA loans often offer lower interest rates than conventional loans, helping you lock in affordable monthly payments. This is because the VA guarantee reduces the risk for lenders.
VA loans are more forgiving when it comes to credit scores and debt-to-income (DTI) ratios. Even if your credit isn’t perfect, you may still qualify.
The VA limits the amount you can be charged in closing costs, and many fees are either reduced or eliminated altogether. Sellers can also contribute toward your closing costs.
VA loans are assumable, which means another qualified borrower can take over your loan, potentially making your home more marketable if you decide to sell.
You may be eligible for a this loan if you meet one or more of the following criteria
To apply, you’ll need a Certificate of Eligibility (COE), which verifies your military service. At Clear Mortgage, we help you obtain your COE quickly and guide you through every step of the process.
Thanks to changes rules, most qualified borrowers can now purchase homes without a loan limit as long as they have full entitlement. However, guidelines still require the home to:
In the Houston area, where prices vary significantly, this flexibility makes VA loans one of the best tools for securing property without added financial strain.
Already have a loan? You may be eligible to refinance with one of two popular VA options:
Los préstamos del VA están disponibles para una amplia gama de personas afiliadas a las fuerzas armadas. Puede calificar si es miembro del servicio activo, veterano que cumple con los requisitos mínimos de servicio, miembro de la Guardia Nacional o la Reserva con suficiente servicio, o cónyuge supérstite elegible. Para confirmar su elegibilidad, necesitará un Certificado de Elegibilidad (COE), que Clear Mortgage puede ayudarle a obtener como parte del proceso de préstamo.
No, that’s one of the biggest advantages of VA loans — they require zero down payment for most borrowers. This makes it much easier for veterans and service members to buy a home without having to save for years. You can finance 100% of your home’s value, helping you preserve your savings for other expenses or investments.
No, VA loans do not require private mortgage insurance (PMI), even with no down payment. This can save borrowers hundreds of dollars each month compared to conventional loans that require PMI when putting down less than 20%. However, a one-time VA funding fee may apply, which can be rolled into your loan amount.
Yes, VA loan benefits can be reused multiple times throughout your life, as long as you still qualify. You may even be able to have more than one VA loan at a time under certain conditions. Clear Mortgage will help you evaluate your remaining entitlement and determine the best strategy for your next purchase.
VA loans can be used to purchase a variety of home types, including single-family homes, townhomes, condos (in VA-approved complexes), and even multi-unit properties (up to 4 units), as long as you occupy one unit as your primary residence. The home must also meet VA appraisal and safety standards.
