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I'm interested in: VA Only VA & Other Gov't Loan Programs

Form FVA-P701

Form FVA-R702

VA Benefit Inquiry Form

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Background on VA Loans

VA Loan Approval Requirements

Eligible Purposes for VA Loans

Added October 16, 2007 | Updated May 29, 2009

Congress extended the benefit of guaranteed home loans for all eligible veterans. If you are a veteran or you know a veteran considering the purchase of a home, many would argue that you owe it to yourself to look into the VA Home Loan Programs. The VA has defined several reasons for obtaining a veteran home loan. VA Guaranteed financing may be used:

To purchase a home.

To buy a townhouse or condominium unit in a VA approved housing project.

To build a home.

To repair, alter or improve a new home at the time of purchase.

To make home improvements by installing energy related features. These features may include solar systems, heating and cooling systems, insulation, storm doors/windows, or other energy-efficient improvements approved by the lender and VA. These improvements may be added with the purchase of the new home or through VA home loan refinancing.

To refinance a home loan up to 100 percent maximum LTV (Contact a VA refinance specialist to calculate the maximum LTV on your home.)

To repair, alter, or improve a new home by using the cash out refinance option.

Direct VA Loans web site is a service of the Veteran Services Department of iFreedom Direct Corporation, a lender approved by the VA to originate VA Mortgages. We are not the Department of Veterans Affairs or any other government agency. The Department of Veterans Affairs does not lend money to borrowers. iFreedom Direct is a direct lender originating VA Home Loans across the United States. The Federal Government guarantees our VA Loans. Our primary lending offices are located at: 2363 S. Foothill Drive, Salt Lake City, Utah 84109.