Down payment
$0
Monthly PMI
None
Funding fee
Can be financed; waived for some
Terms
15 & 30 year fixed & ARM
Overview
For eligible veterans, active-duty service members, and certain surviving spouses, the VA loan is often the single best mortgage product in America: $0 down, no monthly mortgage insurance, and competitive rates.
Best for
- Veterans and active-duty service members
- Eligible National Guard and Reserve members
- Qualifying surviving spouses
When it's not the fit
- You don't have VA eligibility (we'll point you to the next best option)
- You're buying a non-owner-occupied investment property
How it works with BISU
- 1
We confirm your eligibility and request your Certificate of Eligibility.
- 2
We structure a $0-down offer that sellers take seriously.
- 3
We minimize or eliminate the funding fee where you qualify.
- 4
You close into a loan with no monthly mortgage insurance.
Frequently asked
Do I really pay nothing down?
For most eligible borrowers, yes. The VA also caps many closing costs, and the funding fee can be financed into the loan.
Compare with other programs
View all loan programs →