Affordable home financing with VA loans

If you’re a military veteran or still in active service, you may qualify for a VA loan. These mortgages often require little to no down payment with lower closing costs, which can help keep your savings secure. Here are some common myths and truths when it comes to VA financing.

FICTION: You can only use VA entitlement* once.

FACT: You can use VA entitlement multiple times and can even have more than one VA loan at a time, under certain conditions.

FICTION: VA loans take too long

FACT: Fairway Independent Mortgage Corporation may be able to process and close your loan in as little as 21 business days.

FICTION: You can’t get a VA loan when deployed.

FACT: If your spouse occupies the home, you may purchase a primary residence while still serving overseas.

*A down payment is required if the borrower does not have full VA entitlement or when the loan amount exceeds the VA county limits. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit guidelines, and property limits. Fairway is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency.