Buying a house can be simple with a Santander Bank mortgage.

What is a VA Loan?

A VA Home Loan is a mortgage option guaranteed by the US Department of Veterans Affairs. VA loans are designed to benefit active military personnel, veterans, and eligible surviving spouses. A hallmark feature of the VA Loan is the ability to purchase a home with no down payment, however they also feature a variety of competitive interest rates, exemption from mortgage insurance, and closing cost limits. Determine if you’re eligible and learn how to apply for a VA Home Loan.
 

VA Loan Benefits

Low Up-Front Costs

No down payment required and limits on closing cost charges.

Flexible Uses

VA Home Loan can be used for purchases, refinancing an existing mortgage, home improvements, or construction loans.

Affordable Terms

Competitive interest rates and no mortgage insurance requirements.

VA Loan Requirements


In addition to credit and income requirements, you must obtain a Certificate of Eligibility to qualify for a VA Loan. You may be eligible for a VA Loan if you are:

  • Currently on Active Duty
  • A Veteran
  • A National Guard or Reserve Member
  • An Eligible Surviving Spouse

Learn more about VA Loan eligibility requirements. 
 

How to Apply for VA Home Loan


Santander Bank is a VA Lender. Contact a mortgage specialist or fill out a pre-qualification application online today.

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