• VA Home Loans

  • What Are VA Loans?

    A VA loan is a mortgage option for people who meet the VA’s guidelines for military service. VA loans are guaranteed by the Department of Veterans Affairs. In most cases, you’ll get your loan from an approved private lender, like a mortgage company.

    What is the biggest benefit of a VA loan?  Zero percent down!  Some of your costs will be borne by the seller also.

    Other Beenefits:

    • You can qualify with a lower credit score and more debt compared to conventional loans.
    • If you already have a VA loan, you can refinance up to 120% of your home’s value.
    • Keep in mind that if you’re taking cash out of your current VA loan, you can only borrow up to 100% of your home’s value.

    Janus Mortgage is a VA-approved lender. We offer these types of VA loans:

    • Fixed-rates with a variety of terms, so you can choose the length of the mortgage that works for you
    • Adjustable rates (ARMs) if you’re looking to stay in your home for 5 or 7 years
    • Jumbo loans if your loan will be between $484,351 and $1,500,000

  • Qualifying for a VA Loan

    When you apply for a VA loan, we’ll want to make sure you have sufficient income and that you’re eligible for this type of loan. If your situation meets the VA’s guidelines for type and length of service, they’ll issue a Certificate of Eligibility to confirm you’re eligible. If you haven’t already, we’ll apply for your Certificate of Eligibility to save you some time.

    To qualify for a VA loan with Janus Mortgage, we recommend having a credit score of at least 620 and a debt-to-income ratio no more than 60%.