Membership eligibility applies. VA home loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, D.C., DE, NJ, PA, NC, SC, FL and VA. Subject to credit approval.
¹VA home loan payment example: A fixed-rate VA home [102% Loan-to-Value (LTV)] loan of $306,450 for 30 years at 6.625% rate and 6.970% APR will have a principal and interest monthly payment of $2,013.16. Payments do not include amounts for taxes and insurance premiums and the actual payment obligation will be greater. Rates accurate as of 02/05/2025. The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $306,450 and an estimated property value of $300,000. The property is an existing single-family home and will be used as a primary residence. The rate lock period is 60 days and the assumed credit score is 720.