Loan Programs
VA Loans
Honoring those who served — $0 down, no PMI, and the most competitive rates available. Proudly serving veterans and active military near NAS Pensacola.
Your Benefits
Why VA Loans Are Unmatched
$0 Down Payment
Eligible veterans and active-duty service members can purchase a home with absolutely no down payment — one of the most powerful benefits in all of mortgage lending.
No Private Mortgage Insurance
VA loans never require PMI, regardless of your down payment amount. This saves most borrowers $100–$300+ per month compared to conventional loans with less than 20% down.
Competitive Interest Rates
VA loans consistently offer some of the lowest interest rates available — often 0.25%–0.5% below conventional rates — because of the government guarantee.
Flexible Credit Standards
While there is no official VA minimum credit score, most lenders work with scores as low as 580–620, making homeownership accessible after financial hardship.
Limits on Closing Costs
The VA limits what lenders can charge in closing costs and prohibits certain fees entirely, keeping your out-of-pocket expenses at closing to a minimum.
VA IRRRL Streamline Refi
Already have a VA loan? The Interest Rate Reduction Refinance Loan (IRRRL) lets you lower your rate with minimal paperwork and no appraisal required.
Who Qualifies
VA Loan Eligibility
Common Questions
VA Loan FAQ
Is there a VA loan limit in Pensacola?
As of 2020, there are no VA loan limits for eligible veterans with full entitlement. If you have remaining entitlement from a prior VA loan, county limits may apply ($766,550 in Escambia/Santa Rosa counties for 2024).
What is the VA Funding Fee?
The VA Funding Fee is a one-time fee (typically 1.25%–3.3% of the loan amount) that helps sustain the VA loan program. It can be financed into the loan. Veterans with a service-connected disability rating are exempt.
Can I use a VA loan more than once?
Yes — VA loan benefits can be used multiple times. You can have more than one VA loan at a time in some cases, and your entitlement can be restored after paying off a prior VA loan.
You've Earned This Benefit
Our VA loan specialists will help you maximize your hard-earned benefits. Serving veterans and active military throughout the Pensacola area. NMLS #103035.