Getting a VA Mortgage and Buying a Home

What You Need to Know About Getting a VA Home Loan

The Basics:

Did you know you could be eligible to purchase a dream home with 0% down? That’s right, the VA Home Loan Program allows qualifying Veterans to use their VA benefit to obtain a VA Home Loan without having to make a down payment. Learn more about VA Loan features.

Without question, one of the best benefits for our service members continues to be the VA Home Loan Program, which has enabled more than 20 million Veterans achieve the American dream of homeownership.

Founded by James B. Nutter, Sr., a Veteran of World War II. The first loan we ever closed in 1951 was a VA Home Loan - we’ve been helping Veterans with their home loans ever since.

For over 65 years, we have helped Veterans save hundreds, or even thousands of dollars a month, when they purchase or refinance their mortgage with Nutter.

Learn more about VA Home Loans.

To talk to a Nutter Loan Officer, call 1-800-875-7334 or send us an email.

A-Z: The Nutter Guide to Buying a House for Veterans

Whether you’re a first-time home buyer or simply looking to purchase your next home, here’s a great resource to help you understand the home purchase process:

  1. Steps to Getting Preapproved for Veterans
  2. Locate Your VA Certificate of Eligibility (COE)
  3. Finding a Home to Buy
  4. Closing on Your VA Home Loan

Frequently Asked Questions (FAQs)

Who is eligible for a VA Home Loan?

  • Veterans
  • Active duty service members
  • Current or former National Guard or Reserve members who have been activated for federal service
  • Current National Guard or Reserve members who have never been activated for federal service
  • Discharged members of the National Guard who have never been activated for federal service
  • Discharged members of the Selected Reserve who have never been activated for federal service
  • Surviving spouses in receipt of D.I.C. (Dependency & Indemnity Compensation)
  • Surviving spouses who aren’t receiving D.I.C. compensation

Learn more about Eligibility Requirements for Servicemembers and Veterans, spouses, and other eligilble beneficiaries.

How long do I have to serve in order to qualify for a VA Home Loan?

  • 181 days during peacetime (active duty)
  • 90 days during wartime (active duty)
  • 6 years in the National Guard or Reserves
  • Spouse of service member who died in the line of duty or due to a service-connected disability

Learn more about Eligibility Requirements for VA Home Loans.

What kind of house can I buy with a VA Home Loan?

Single-family homes, townhomes and condominiums (with VA approval) are eligible, provided you agree to occupy the property. Investment properties and second homes are not eligible for VA Home Loans. Learn more about eligible property types for VA Home Loans.

View our Nutter Guide to Buying a House.

Do I have to make a down payment with a VA Home Loan?

No, in order to help as many Veterans as possible to buy a home, there is no VA down payment requirement. You can always make a down payment if you want to, but you don’t have to.

Should I buy a house?

Without question, one of the best benefits for our service members continues to be the VA Home Loan Program, which has enabled more than 20 million Veterans achieve the American dream of homeownership.

Buying a house is a big commitment and deciding if you’re ready or not depends on a lot of factors. Do you plan to live there for at least five years? Do you have a stable income? Are you planning on any major life changes, like starting a family or changing jobs? It’s important to examine your current situation and how it could change in the future. Learn more about buying your own home versus renting.

What can I afford?

First and foremost, decide how much you want to spend on housing each month. Remember to consider other costs that could affect your overall monthly budget like car payments, student loans, or child care – every situation is different. The most important thing is to find a monthly payment that you’re comfortable with.

Let’s do a little math. All it takes is some quick and easy number crunching and we’ll do the rest. Check out our current VA mortgage rates and use our Mortgage Calculator to see what works best for you and your situation.


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Contact Us (800) 875-7334