VA home loan education for veterans and military families
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How it works
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Principal, interest, taxes, insurance and HOA. No monthly mortgage insurance on a VA loan.
Payment breakdown
Loan detail
VA funding fee rates shown are the current federal schedule (2.15% first use, 3.3% subsequent use with less than 5% down; 1.5% with 5% to 9.99% down; 1.25% with 10% or more down). Veterans receiving VA disability compensation and certain surviving spouses are exempt. Confirm your rate on VA.gov.
A licensed VA loan originator at Citywide Home Mortgage can review these numbers with you. No obligation.
Latest guides
Zero down does not mean zero cash. Here is what VA closing costs actually include, which fees are off-limits to veterans, and how sellers and lenders can cover them.
The Certificate of Eligibility is the document that proves you qualify for a VA home loan. Here are the three ways to get one, what you need, and how to read it.
The VA funding fee is 2.15% for most first-time buyers in 2026, 3.3% on subsequent use, and $0 for veterans with VA disability compensation. Here is the full rate chart, who is exempt, and how to lower it.
Common questions
Most eligible borrowers do not. The VA guaranty lets lenders offer $0 down on a primary residence. You still pay closing costs and, unless exempt, a one-time funding fee, which can be rolled into the loan.
No. This is an educational site. If you ask a question or request a review, it goes to the VA loan team at Citywide Home Mortgage, where a licensed Mortgage Loan Originator answers it. There is no cost or obligation.
Eligibility is based on your service history. A Certificate of Eligibility (COE) confirms it, and a VA-approved lender can usually pull it in minutes. Our eligibility guide walks through the service requirements and the documents you need.
For a first-use purchase with nothing down it is 2.15% of the loan amount; subsequent use is 3.3%. Putting 5% or more down lowers it. Veterans receiving VA disability compensation and certain surviving spouses pay no funding fee at all.
Educational disclosure. VeteranHomeBuyer.com is an independent educational website. We are not a lender, mortgage broker, or government agency, and we are not affiliated with or endorsed by the U.S. Department of Veterans Affairs. Questions submitted through this site are referred to the VA loan team at Guaranteed Rate, Inc. d/b/a Citywide Home Mortgage, NMLS #2611, Equal Housing Lender (licensed contact: Bryce Waite, Branch Manager, NMLS #1642253). Nothing on this page is a commitment to lend, a loan offer, or financial, legal, or tax advice. Program rules, funding fee rates, and lender requirements change; confirm current details with VA.gov or a VA-approved lender.
