VA loans are guaranteed by the U.S. Department of Veterans Affairs and are designed to offer long-term financing to eligible active-duty military, veterans, and eligible surviving spouses.

VA Loan Requirements

Credit scores as low as 580 may be accepted

Credit scores as low as 600 may be accepted for manufactured housing

Must be current or former military personnel or surviving spouse of military personnel who did not remarry

Must not have had any loan defaults within the last year

Must not have declared bankruptcy within the last two years

Benefits and Details

0% down payment

No mortgage insurance required

30-, 20-, or 15-year fixed-rate terms and 5/1 ARMs available

Refinance up to 100% of the value of your primary residence

VA streamline refinance (IRRRL) with no appraisal necessary and minimal documentation is available for current VA loan holders

Exclusive Real Estate Services: Get up to 4 offers for your mortgage. Compare Home Lender that Suits You the Best. We work with lenders that other buyers have used to find the best loan for your situation, Contact us and we will send you a list of mortgage lenders to answer your questions.

Realtor’s, Zillow, Homes and Trulia MLS Listed Homes. Tim Sharp REALTOR® 865-705-2062 "listing and buyers agent specialists" He can be reached by phone, email, or by even text messaging.