VA Mortgage

Veteran father holding young daughter with U.S. Flag

We’re proud to honor your service

A VA mortgage provides home financing guaranteed by the U.S. Department of Veteran Affairs for qualified veterans, reservists, active duty personnel, or eligible family members. Low down payment options are available. As an active duty or veteran member of the armed forces, you’ll need to show a copy of your DD-214 or current military ID, or a Salem Five loan officer can help obtain your DD-214 for you.

  • Flexible income, debt, and credit requirements
  • Private mortgage insurance is not required
  • Available in a variety of fixed rate and adjustable rate loan options

Haga clic aqui si desea consultar con alguien en Espanol acerca de opciones de Hipoteca.


Other Articles of Interest

Homeownership

Getting Rid of Private Mortgage Insurance

When purchasing a standard mortgage from a private lender, you may be required to purchase private mortgage insurance (PMI). However, PMI can be costly, usually charging you ...

Homeownership

House, Townhome, or Condo?

The real estate market offers many different housing options. Depending on your life stage, financial resources, and where you are on your financial journey, one ...

Homeownership

Building Equity in Your Home

If you own a home, the mortgage payments you make each month could help you build a substantial asset - home equity. The home equity you build represents how much ...

Homeownership

Down Payment Assistance Programs

For those at the low-to-moderate-income level, the most substantial barrier to homeownership are the closing costs and a down payment associated with ...

Los Documentos y formularios que prevemos para abrir y mantener su cuenta, Con Salem Five, son proporcionados en inglés.