VA Loan Down Payment Requirements

One of the biggest advantages of a VA loan is that eligible buyers can purchase with no down payment at all. Here's what to know.

Zero Down for Eligible Buyers

Most qualified VA borrowers can finance 100 percent of the purchase price, up to what they qualify for, without putting any money down.

The VA Funding Fee

Instead of mortgage insurance, VA loans have a one-time funding fee that can usually be rolled into the loan. Some veterans, such as those with a service-connected disability, may be exempt.

Should You Still Put Money Down?

You're not required to, but a down payment can reduce your funding fee and lower your monthly payment. It's a personal choice based on your goals.

Closing Costs

You'll still budget for closing costs, though these can sometimes be covered by seller concessions.

Let's Put Your Benefit to Work

As your REALTOR, I can connect you with VA lenders and negotiate on your behalf. Reach out and we'll make the most of your VA benefit.