No down payment
Eligible borrowers with full entitlement can finance up to 100% of the purchase price, subject to lender guidelines.
VA Loans · Arizona
VA Loans in Arizona
The VA home loan benefit is one of the strongest financing tools available. Arizona has a large and proud military community, and I help veterans use the benefit strategically, including understanding how entitlement works when buying, selling or assuming.
At a glance
Earned benefits, used well.
No monthly mortgage insurance
VA loans do not carry monthly mortgage insurance. A one-time VA funding fee generally applies, and some veterans, such as those receiving VA disability compensation, are exempt.
Entitlement strategy
How you use, restore or substitute entitlement matters, especially if you plan to own more than one home over time or assume another veteran’s loan.
IRRRL refinance path
If rates drop, the VA Interest Rate Reduction Refinance Loan can offer a streamlined route to a lower rate.
Worth knowing
Things to weigh before you choose
- You will need a Certificate of Eligibility, which I can typically help request.
- Homes must meet VA minimum property requirements, verified through a VA appraisal.
- The VA funding fee varies by down payment and prior use unless you are exempt.
- Primary residence occupancy is required.
Assumable angle
VA loans are generally assumable, including by non-veterans, subject to servicer and VA approval and buyer qualification. For sellers, the key question is entitlement: it stays tied to the loan unless an eligible veteran buyer substitutes their own. I walk both sides through this before anyone signs.
FAQ
VA Loans: common questions
Do VA loans really require no down payment?
Eligible borrowers with full entitlement can often finance without a down payment, subject to lender guidelines and the appraised value. Borrowers with partial entitlement may need a down payment on larger loan amounts.
What is the VA funding fee?
It is a one-time fee that helps fund the VA program. The amount depends on your down payment and whether you have used the benefit before, and certain veterans, including many receiving VA disability compensation, are exempt.
Can a non-veteran assume my VA loan?
Yes, with servicer and VA approval. However, your VA entitlement generally remains tied to that loan unless the buyer is an eligible veteran who substitutes their entitlement.
Can I use a VA loan more than once?
Yes. VA entitlement can be restored after a loan is paid off, and in some cases you may have remaining entitlement to buy again while keeping an existing VA loan.
What are the VA loan requirements?
You need eligibility through military service, shown on a Certificate of Eligibility, enough income and credit to qualify with a lender, and a home that meets VA minimum property requirements and will be your primary residence. The VA doesn't set a minimum credit score itself; lenders set their own, and they vary.
Can I use a VA loan for a condo in Arizona?
Yes, if the condo project is VA-approved. Many Phoenix and Scottsdale projects are and some aren't, so I check the project's status early, before you spend money on inspections.
Get started
See what you qualify for, no pressure.
A two-minute start, a real conversation, and a clear picture of your options. No hard credit pull to get started.
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