Our Loan Programs
Full-service mortgage broker specializing in VA home loans. Helping active-duty service members, veterans, and surviving spouses secure the home they deserve.
Explore Your Options
Find the Right Mortgage for You
Whether you’re buying your first home, upgrading, refinancing, or accessing equity, we have a program tailored to your unique situation.
VA Home Loans
Exclusive to veterans, active-duty service members, and qualifying surviving spouses. VA loans offer zero down payment, no PMI, and competitive rates, the most powerful homebuying benefit for those who served.
- 0% Down Payment
- No PMI Required
- Flexible Credit Guidelines
- VA Funding Fee Financing
FHA Loans
Backed by the Federal Housing Administration, FHA loans are ideal for first-time homebuyers and those with lower credit scores. Low down payment options make homeownership more accessible.
- 3.5% Down Payment
- Lower Credit Requirements
- Flexible Debt-to-Income
- FHA Streamline Refinance
Conventional Loans
Conventional mortgages are not government-insured and offer competitive rates for borrowers with strong credit. Ideal for primary residences, second homes, and investment properties.
- 3% – 20% Down
- Jumbo & Conforming
- No Funding Fee
- PMI Cancellable
VA Jumbo Loans
For high-value properties that exceed standard VA loan limits. VA Jumbo loans allow veterans to purchase luxury homes or properties in expensive markets with zero down payment.
- 0% Down Available
- High Balance Limits
- No PMI
- Competitive Jumbo Rates
Learn more about VA Jumbo
Reverse Mortgage
Designed for homeowners aged 62+, reverse mortgages allow you to convert a portion of your home equity into cash without monthly mortgage payments. Access the wealth in your home.
- No Monthly Payments
- Age 62+ Eligible
- Tax-Free Proceeds
- FHA-Insured HECM
Learn more about Reverse
USDA Loans
Backed by the U.S. Department of Agriculture, USDA loans offer 100% financing for eligible rural and suburban properties. Perfect for those seeking a quieter lifestyle with no down payment.
- 0% Down Payment
- Eligible Rural Areas
- Low Mortgage Insurance
- Income Limits Apply
Learn more about USDA
Non-QM Loans
Non-Qualified Mortgage loans are designed for borrowers with unique financial situations, self-employed, investors, or those with non-traditional income. Flexible underwriting opens doors.
- Bank Statement Programs
- DSCR for Investors
- 1099 & Self-Employed
- Asset-Based Qualification
Learn more about Non-QM
HELOC / Home Equity
Tap into your home’s equity with a Home Equity Line of Credit or fixed-rate home equity loan. Use the funds for renovations, debt consolidation, education, or major expenses.
- Revolving Credit Line
- Fixed-Rate Options
- Tax-Effective
- Competitive Rates
Learn more about HELOC
Compare Programs
Loan Comparison
Quickly compare key features across our loan programs to find the best fit for your goals.
| Loan Program | Min. Down | PMI Required | Credit Score | Best For |
|---|---|---|---|---|
| VA Home Loans | 0% | ✓ No | 620+ | Veterans & Active Duty |
| FHA Loans | 3.5% | ✓ Yes | 580+ | First-Time Buyers |
| Conventional | 3% – 20% | ✓ Yes | 620+ | Strong Credit Profile |
| VA Jumbo | 0% | ✓ No | 660+ | High-Value Properties |
| Reverse Mortgage | N/A | ✓ No | No Minimum | Age 62+ Homeowners |
| USDA Loans | 0% | ✓ Yes | 640+ | Rural Homebuyers |
| Non-QM Loans | 10%+ | ✓ Varies | Flexible | Self-Employed / Investors |
| HELOC / Home Equity | N/A | ✓ No | 620+ | Accessing Home Equity |
* Minimum credit scores are guidelines; programs may vary. Consult a loan officer for personalized eligibility.
Got Questions?
Frequently Asked Questions
Find answers to the most common questions about our loan programs and the mortgage process.
What is a VA loan and who is eligible?
A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA). It is available to eligible veterans, active-duty service members, and qualifying surviving spouses. It offers benefits like no down payment, no private mortgage insurance (PMI), and competitive interest rates.
What credit score do I need for a VA loan?
While the VA doesn’t set a minimum credit score, most lenders, including American Veteran Mortgage, typically look for a score of 620 or higher. However, we review each applicant’s full financial profile, so lower scores may still qualify under certain circumstances.
What does "0% down" mean for a VA loan?
It means you can finance 100% of the home’s purchase price, provided it appraises for the sale price. You don’t need to save for a traditional down payment, which makes homeownership more accessible for veterans.
What is the difference between a VA loan and a Conventional loan?
Conventional loans are not government-insured and typically require a down payment (starting at 3-5%) and PMI if you put less than 20% down. VA loans require no down payment, no PMI, and often have lower interest rates, but they are only available to eligible military members, veterans, and their spouses.
Are there closing costs on a VA loan?
Yes, like any mortgage, VA loans have closing costs. However, the VA limits what a veteran can pay for closing costs. Additionally, sellers can contribute up to 4% of the sales price to cover these costs, making it easier to buy with less cash out of pocket.
What is a VA Jumbo loan?
A VA Jumbo loan is a VA-backed mortgage that exceeds the standard county conforming loan limits. It allows veterans to finance high-value properties in expensive real estate markets, often still with 0% down payment.
How does a Reverse Mortgage work?
A Reverse Mortgage (HECM) allows homeowners aged 62 and older to convert a portion of their home equity into cash. Unlike a traditional mortgage, you don’t make monthly payments. The loan is repaid when you sell the home, move out permanently, or pass away.
What is a Non-QM loan?
A Non-Qualified Mortgage (Non-QM) loan is designed for borrowers who don’t fit traditional lending criteria. This includes self-employed individuals, real estate investors, or those with non-traditional income sources. We use alternative documentation like bank statements or asset depletion to qualify you.
What is a HELOC and how can I use it?
A Home Equity Line of Credit (HELOC) allows you to borrow against the equity in your home. It functions like a credit card with a revolving balance. You can use the funds for home renovations, debt consolidation, emergency expenses, or major life events.
How long does the VA loan process take?
At American Veteran Mortgage, we pride ourselves on speed. While industry averages are 30-45 days, we often close VA loans in as few as 14-15 days, thanks to our streamlined digital process and dedicated team.
Not sure which program fits your situation?
We’ll analyze your eligibility, credit profile, income, and purchase goals, and tell you exactly which program gets you the best rate, lowest payment, and fastest close. No obligation, no runaround.