Home Loans California & Arizona

VA helps Service members, Veterans, and their families become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you obtain, retain, or adapt a home for your own personal occupancy. 



VA Home Loans in Phoenix AZ offers three home loan guaranty programs for Active Duty Service members, Veterans, National Guard members, Reserve members, and certain
surviving spouses. There are three loan types: 

  • Purchase Loan
  • Streamline Refinance Loan
  • Cash-Out Refinance Loan 

Benefits of a VA Home Loan in Phoenix AZ

  • No down payment unless required by lender.
  • The purchase price is more than the reasonable value of the property
  • No mortgage insurance
  • Reusable
  • One-time VA funding fee (can be included in the loan)
  • If you receive VA disability compensation, you are exempt from the VA funding fee.
  • Minimum property requirements: Ensure the property is safe, sanitary and sound
  • VA staff assistance if you become delinquent on your loan
  • Can be assumed by qualified persons
  • Equal opportunity for all qualified Veterans

To be eligible for a VA-guaranteed loan, you must meet credit and income standards and have a valid Certificate of Eligibility (COE). The home must be for your own personal occupancy. You must have been discharged under conditions other than dishonorable and meet these service requirements:

Who Is in Phoenix AZ is Eligible for VA Home Loans?

  • Veterans who meet service length requirements
  • Service members on active duty who have served a minimum period
  • Certain Reservists and National Guard members
  • Certain surviving spouses of deceased Veterans

If you are eligible for a VA-guaranteed home loan in Phoenix AZ, you can use the loan to:

  • Buy a home or residential condominium.
  • Build a home.
  • Simultaneously purchase and improve a home.
  • Refinance an existing non-VA loan.
  • Refinance an existing VA loan to reduce the interest rate.
  • Buy a manufactured home to be permanently affixed to a lot already owned or buy a manufactured home and lot to which the home will be permanently affixed.
  • Obtain energy efficient improvements, such as solar heating.

Ready to get started on your VA Home Loan in Phoenix AZ please call Nathan Rufty at (623) 850-1210.
Posted by Nathan Rufty on October 9th, 2019 12:14 PM

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