VA loan benefits
What makes a VA home loan different, and how to get the most from your benefit.
Purchase loans
Buy a home with a VA loan, often with little or no money down for eligible borrowers with full entitlement.
No monthly PMI
Instead of monthly mortgage insurance, most borrowers pay a one-time funding fee. Some veterans are exempt.
Refinance options
Eligible veterans may be able to refinance an existing VA loan or a different loan type into a VA loan.
Reuse your benefit
You can often use your VA benefit more than once, depending on your remaining entitlement.
Costs to know about
- A one-time VA funding fee, unless you are exempt.
- A VA appraisal and normal closing costs like title and insurance.
- Property taxes and homeowners insurance as part of your payment.
Why use a broker
- I can compare lenders instead of showing you one bank’s offer.
- I explain the numbers before you commit.
- I work with your agent so the timeline stays on track.
Benefits depend on eligibility, entitlement and the lender. This is general information, not a commitment to lend.
Want to see your options?
Call me and we will go over your benefit and what it could mean for you.
VA Loans Kansas City · Steven Clune, Loan Officer, NMLS #2798604 · Nexa Lending, NMLS #1660690 · Rochon Mortgage Team, 1475 Walnut St, Kansas City, MO 64106 · 913.530.8133
This website is not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any other government agency. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, VA eligibility and program guidelines. Terms are subject to change without notice. Verify licensing at nmlsconsumeraccess.org. More loan programs at Mortgage Champ KC.