GoVA Loans focuses on helping the military finance their homes with the best loans. It offers great deals on loans and partners who can help them build or improve their houses.

Also, it provides a 100% Cash Out Refi Program for several purposes, including home improvement, debt consolidation, retirement, and wealth diversification.  

Although it doesn’t disclose the range of costs, amounts, and terms, the company offers lower rates than the average mortgages, no down payments on most purchases, and less-than-perfect credit are acceptable.

Therefore, a home loan through GoVA Loans might be worth considering if you are part of the military community.

Before applying for a loan at GoVa Loans website, you must prequalify to check your rates. 

Prequalification to get a quote is easy and fast. Also, it is free. 

You must provide your personal information and contact and need to choose your military status, which means you must select whether you are active, retired veteran, reserve, or National Guard.

Unfortunately, there is no mobile app available at this time. You must access the website to fill up the prequalification forms.

GoVA Loans only attends the military community, including veterans, National Guard, reserves, and even eligible surviving spouses.

In case you are not part of the community, you should take a look at the FHA loans. The Federal Housing Administration focuses on helping people with bad credit to buy their first home.

The program’s goal is to increase homeownership in the U.S. by offering an accessible and affordable mortgage program.

Check out the summary below!

Now, learn how the FHA Loans application works.