If you’ve served in the military
(or if your spouse has), you have access to one of the key home financing options available to eligible service members and veterans. The chance to buy a home with the possibility of no down payment.
Unfortunately, many Veterans don’t know about this benefit, according to Veterans United.
And that’s a big missed opportunity for those who’ve earned this benefit through service. So, let’s break down what you may need to know about Veterans Affairs (VA) home loans.
Source: VA Home Loan Guarantee Buyer's Guide, November 2025
Why VA Home Loans Can Be a Great Option
For nearly 80 years, VA loans have made homeownership possible for millions of Veterans and active-duty service members. Here are just a few of the top perks according to the Department of Veteran Affairs:
- Options for $0 Down Payment: Many Veterans can buy a home without spending years saving up.
- Fewer Upfront Costs: The VA limits which types of closing costs Veterans have to pay, helping you keep more cash on hand when you’re finalizing your purchase.
- No Private Mortgage Insurance (PMI): Unlike many other loan types, VA loans don’t require PMI, which can help reduce monthly expenses.
These features make VA loans a great way for service members (or their family) to pursue homeownership and potentially reduce certain upfront costs.
Why Your Choice of Lender Matters
The VA loan process can feel complex, especially for borrowers unfamiliar with its unique requirements. That’s why partnering with a lender experienced in VA transactions can be a game-changer. As VA News notes, having a “military-friendly broker who understands the VA home loan application process may help simplify the homebuying experience.”
If you’re interested in tools, resources, or training to better serve your military clients, we’re here to support you.
Connect with a First Federal Bank Loan Officer to discuss how to help you unlock this powerful benefit today.