VA Loan

VA Loan:
What an awesome product.  Thank you for your service veterans!!  You will benefit from a VA loan in so many ways.  The VA loan has some features that no other loan product has, and Red Rock Home Loans has access to some of the most competitively priced VA loans available in the marketplace today.  WE WILL NOT BE UNDER-SOLD!!

VA Loans are designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Here’s how it works:

  • 100% financing without private mortgage insurance or 20% second mortgage.
  • A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
  • When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
  • When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Apply for a VA Loan with a VA Qualified Lender.