VA Loan
VA loans are an incredible benefit for those who have served our country. The Veteran’s Administration (VA) allows the borrower to finance 100% of the purchase price of their primary home and allows the seller to pay all of the buyer’s closing costs. In addition, a seller may also contribute to debt reduction on the borrower’s behalf for qualifying.
VA home loans generally offer low interest rates, easier qualification standards, less strict credit and income standards and no prepayment penalties. There are additional benefits offered to disabled veterans applying for a VA loan.
Loan programs available for VA loans
- Fixed rate mortgages (10, 15, 20, 25 and 30 year terms)
- Adjustable rate mortgages (1, 3 and 5 year fixed periods)
Contact an On Q Financial Mortgage Consultant today to find out if you qualify for a VA Loan. Our experienced Mortgage Consultants can answer all your questions.

