VA loans are guaranteed by the U.S. Department of Veterans Affairs — one of the best benefits available to those who have served.
A good fit for
- Veterans and active-duty service members
- Eligible National Guard and Reserve members
- Eligible surviving spouses
How it works
- No down payment required for eligible borrowers
- No monthly mortgage insurance
- A one-time VA funding fee applies unless you're exempt
- You'll need a Certificate of Eligibility — we can help request it
Keep in mind
- For primary residences
- Your benefit can be used more than once
Is a VA Loan right for you?
Every lender's guidelines differ — Chip will shop them for you.
Related loan options
This page is general education, not a loan offer or commitment. Terms, eligibility and availability vary by lender and change over time.