VA Loans

Caucasian family with military man standing entrance of house

 A VA loan is a mortgage that offers considerable benefits for eligible military veterans, service members and spouses who want to buy a home. VA home loans are guaranteed by the Department of Veterans Affairs, so they don’t require private mortgage insurance and NO money down.


Purchase Loans help you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance. Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements.

Interest Rate Reduction Refinance Loan (IRRRL): also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan


Your length of service or service commitment, duty status and character of service determine your eligibility for specific home loan benefits.

Purchase Loans and Cash-Out Refinance: VA-guaranteed loans are available for homes for your occupancy or a spouse and/or dependent (for active duty service members). To be eligible, you must have satisfactory credit, sufficient income to meet the expected monthly obligations, and a valid Certificate of Eligibility (COE).   Option Financial can help you obtain your COE.


Don't Be Shy, Say Hello.