VA Loans

VA Loans2019-02-13T17:06:32+00:00
va loans

Guaranteed by the U.S. Department of Veteran Affairs, the VA Loan is a privilege reserved for active and retired military personnel and their spouses.

Think you qualify for this loan? You’re in the right place. Academy Mortgage makes applying for a VA loan fast and easy. We have branches in Flagstaff, Phoenix and Yuma, as well as several other locations throughout the state. We handle everything, from underwriting to disbursement. Our process is faster than lenders that source VA loan applications to out-of-state offices.

 A VA Loan may be right for you if:

  • You’re a first-time or repeat homebuyer; or
  • You’re an eligible Veteran or military; and
  • No down payment required.

VA Loans are meant to help service members, veterans, and eligible spouses buy a primary residence, which can be a single-family home or a multi-family unit. They are not applicable, however, to investment properties or vacation homes.

VA Loan Benefits and Features

Find out if you qualify for a VA Loan in Arizona, and learn about the benefits you can enjoy upon approval of your application:

  • Eligible borrowers include Veterans, certain members of the Selected Reserve, active-duty service personnel, and certain categories of spouses.

  • No down payment! No mortgage insurance is required. The funding fee can be financed into the loan.

  • Credit score: Minimum is usually 580.

  • Gifts and seller contributions are acceptable toward closing costs.

  • Other requirements and conditions apply.

To apply for a VA loan, get in touch with the nearest Academy Mortgage branch so we can quickly assess your eligibility. Start by clicking the button below.

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Other VA Loan Programs

The VA Housing Loan is not the only program available to service members, veterans, and their spouses. They may also apply for additional benefits and programs, like Assistance with Delinquent Loans, the Native American Veteran Direct Loan Program, and the Veterans’ Mortgage Life Insurance.

Our loan officers can help facilitate applications to these special programs. Contact Academy Mortgage to get started.