VA Home Loan
Are you are a veteran, member of the military or military spouse? You may qualify for a VA loan.
How VA Home Loans Work?
No Payment Changes
Fixed rate monthly payments are based on interest rate, principal loan amount and amortized interest over 15, 20 or 30 years. Your payment will not change throughout the loan.
Adjustable Rate Mortgage
ARM interest rates are fixed for a period of 5 years. After the fixed rate period, your interest rate can adjust up or down depending on the market
No Penalties
With a VA loan, you have the freedom to make mortgage payments at any time without incurring pre-payment penalties. This allows you to pay off your loan faster if you wish to do so or make additional payments towards the principal amount.
VA Loan Highlights
30-, 20- & 15-year fixed-rate and 5-year ARM loans available
Jumbo VA loans available
Refinance up to 100% of your primary home’s value
VA Streamline Refinance with a reduced funding fee and flexible documentation requirements – available for veterans currently in VA loans
Buy a home with no money down (primary home)
No monthly PMI (Private Mortgage Insurance)
VA loans are governed by the U.S. Department of Veterans Affairs
Get preapproved now.
A VA loan from SouthFork Funding can get you the financing you need - for the house you love.