At First Class Mortgage, we proudly serve those who’ve served our country by offering flexible, in-house VA home loan options. In this short video, Casey Van Winkle, our owner, explains the key benefits of VA loans—both for purchasing a home and refinancing one:
If you’re a veteran or active-duty service member, VA loans offer some of the most borrower-friendly terms on the market. Here’s a quick breakdown of what you can expect:
100% Financing for Home Purchases
VA loans allow eligible veterans to purchase a home with no down payment. That’s right—100% financing is available. On top of that, there’s no mortgage insurance requirement, helping keep monthly costs lower.
Lower Interest Rates and Flexible Credit Requirements
VA loans typically offer interest rates about half a percent lower than comparable FHA or conventional loans. They also work well for borrowers with lower credit scores or higher debt-to-income ratios.
Streamlined Refinancing With the VA IRRRL (Interest Rate Reduction Refinance Loan)
If you already have a VA loan, you may qualify for a streamlined refinance option—often called the “VA IRRRL” or “Earl.” This lets you refinance with no appraisal or income verification required, making it one of the easiest ways to lower your rate.
VA Cash-Out Refinance Available
Need to tap into your home’s equity? Veterans can take advantage of a 100% cash-out refinance with a VA loan. It’s a powerful way to consolidate debt, make home improvements, or cover major expenses using the value of your home.
We Offer In-House VA Loans (When Others Don’t)
Not every bank or credit union in Minnesota offers VA loan services. At First Class Mortgage, we do. We handle the entire process in-house and are committed to making it smooth, fast, and respectful of the benefit you’ve earned.
Call Today and Let’s Talk About Your VA Loan Options
If you’re a veteran—or know someone who is—don’t leave this opportunity on the table. Reach out to our team at First Class Mortgage and let us help you get started with the loan you’ve earned.
