Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.
Offered in the Mankato area and throughout Minnesota.
Here’s how it works:
- 100% financing without private mortgage insurance.
- When refinancing a home, veterans may borrow in order to refinance where state law allows.