VA Loans
No Down Payment, No PMI, Just Support for Those Who Served
VA Loan
VA Loans are government-backed mortgages offered exclusively to eligible Veterans, active-duty service members, reservists, and select military spouses. HomeBound Lending is proud to be an approved VA lender, helping our nation’s heroes secure homes with fewer financial barriers. With $0 down, no private mortgage insurance (PMI), and flexible credit guidelines, VA Loans remain one of the most powerful home financing options available.
VA Loan Eligibility
VA Loans are available to:
Veterans
Active-duty service members
Certain members of the National Guard and Reserves
Eligible surviving spouses
A valid Certificate of Eligibility (COE) from the VA is required to apply. We can help you obtain it if you don’t have it yet.
Flexible Qualification Guidelines
$0 Down Payment – Finance up to 100% of the home’s value
No PMI Required – Save hundreds each month compared to other loan types
Credit Score – Minimum 600+
Bankruptcy – Chapter 7, 11, or 13 discharged for at least 2 years
Short Sale or Foreclosure – Eligible after 3 years
Additional Benefits of VA Loans
Competitive interest rates
Limited closing costs
No prepayment penalties
Reusable benefit – even after a previous VA Loan
Option to finance funding fee (or waive it for eligible borrowers)
Property Types Eligible
VA Loans can be used to finance:
Primary residences (single-family homes, condos, townhomes)
Some multi-unit properties (up to 4 units, if you live in one)
Certain manufactured homes, if VA-approved and meeting property requirements
Note: VA Loans cannot be used for vacation homes or investment properties.
Here’s What You’ll Need to Apply:
Certificate of Eligibility (COE)
Proof of service (DD214 or statement of service)
Income verification (pay stubs, tax returns, W-2s)
Bank statements
ID and Social Security information
Residential history
Ready to Get Started?
We’re here to make the process simple and supportive.
📞 Call us at (949) 683-0310 or apply online to explore your VA Loan options.
