VA Loans
VA Loan Requirements & Eligibility
VA loans are one of the most powerful mortgage programs available today. Eligible veterans and active-duty service members may qualify with no down payment, lower monthly payments and flexible guidelines. 
VA LOAN HIGHLIGHTS
Why VA Loans are Popular
No down payment required
Buy a home with $0 money down
Flexible credit scores
Credit scores as low as 520 may qualify
Competitive Rates
VA loans often offer some of the lowest rates in the market.
No Monthly PMI
Unlike conventional and FHA loans, VA loans do not require mortgage insurance.
designed for military borrowers
Created to help eligible veterans, active-duty service members, and surviving spouses
VA Loan Requirements
Minimum requirements for a VA loan with Andes Mortgage
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Requirement
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Minimum
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|---|---|
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Credit Score
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580+ ($0 down) | 520 (10% down)
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|
Minimum down payment
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$0 Down
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|
Debt to income ratio (DTI)
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Up to 57%
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|
Loan Limits
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|
|
Mortgage Insurance
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Not required
|
|
Occupancy
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who are VA loans great for?
VA loans May be a great fit if you...
VA loans are designed to help eligible veterans, active-duty service members, and surviving spouses achieve homewonership with flexible qualification guidelines, competitive interest rates and no down payment requirements.
Eligible veteran or active-duty member
Looking for a true $0 money down loan
Need flexible qualifications
Higher debt-to-income ratio
Seeks the best rates and payments
ready to explore your VA loan options?
Let’s walk through your numbers, monthly payment, and available VA loan options so you can understand the best path forward.
770-740-4050
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info@andesmortgage.com
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