VA Loans
Overview
VA loans, backed by the U.S. Department of Veterans Affairs, are one of the best mortgage options for veterans and active-duty service members. With no down payment and no monthly mortgage insurance, VA loans make buying a home more affordable.
Key Features
✔ Low Down Payment – As little as 3.5% down on a home.
✔ Flexible Credit – Credit scores as low as 580 may qualify.
✔ Competitive Interest Rates – Attractive pricing for homebuyers.
✔ Assumable Loan – Potential selling advantage in a hot market.
Eligibility & Guidelines
✔ Must occupy the property as a primary residence.
✔ Debt-to-income ratio typically up to 43%.
✔ Requires FHA-approved appraisal and property standards.
✔ Upfront and monthly mortgage insurance premiums required.
Ideal For
✔ First-time buyers
✔ Borrowers with limited credit history looking for a mortgage.
✔ Buyers who want a low down payment without strict income limits.
Ready to Take the Next Step?
Whether you’re buying, refinancing, or just exploring your options, The Lowe Team at Supreme Lending is here to help you move forward with clarity and confidence.