VA loans provide unique benefits like zero down payment options for veterans and service members. Learn how these loans can help in the current mortgage environment where rates remain elevated. Contact a specialist to explore your options today.
Holden Kellerhals, Lending Strategist
NEXA Lending
Phone: (727) 591-5591
Email: [email protected]
NMLS# 2646551
Company NMLS# 1660690
Licensed in: FL, IA
Calculations based on 30-year fixed mortgage. PMI applies when down payment is less than 20%. Bank Statement loans are considered Non-Qualified Mortgage (Non-QM) products. Qualification is based on the review of personal or business bank statements rather than tax returns. Interest rates and down payment requirements for these products may be higher than those of conventional government-backed mortgages (such as FHA, VA, or Fannie Mae/Freddie Mac loans). Not all applicants will qualify. Annual Percentage Rate (APR) is subject to increase after consummation. Advertised terms are based on a loan amounts with a 760 FICO, Loan-to-Value, and 30-year fixed/ARM rate. Monthly payments includes principal and interest only; actual payment will be higher with taxes and insurance and HOA. This is not an offer to enter into an agreement. This is not a commitment to make a loan. Not all customers will qualify. Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. All approvals are subject to underwriting guidelines. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. NEXA Mortgage, LLC is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency. Copyright © 2025 NEXA Mortgage, LLC NMLS#1660690. AZMB#0944059. 5559 S Sossaman Rd, Bldg #1 Ste #101, Mesa, AZ 85212, 602-344-9333. NEXA Mortgage, LLC is an Equal Housing Lender. All rights reserved.
VA Loans Offer Key Advantages for Eligible Buyers Now
June 26, 2026
VA loans continue to stand out as a strong financing choice for those who qualify through military service. These programs remove several common barriers that other loan types present. Buyers can focus on finding the right home without the usual hurdles of large down payments or extra insurance costs. The structure supports long-term ownership in a market where affordability matters more than ever.
Eligibility for VA loans covers veterans, active-duty service members, and certain surviving spouses. Lenders work with the Department of Veterans Affairs to back these loans, which reduces risk and opens doors for more borrowers. The process often moves faster once documentation is in place because of established guidelines. Many families use this path to purchase their first home or move into a larger property that fits their needs.
One major feature is the lack of a required down payment, which keeps more cash available for moving or improvements. There is also no private mortgage insurance, which lowers monthly costs compared with conventional financing. Interest rates on these loans tend to stay competitive even when broader market conditions push other rates higher. Borrowers can also roll closing costs into the loan in many cases, which simplifies the upfront financial picture.
For sellers, accepting VA offers can expand the pool of serious buyers in competitive areas. The appraisal requirements help ensure the property meets basic safety and livability standards. Buyers who use VA financing often close on time when they work with experienced lenders who understand the program. This can create smoother transactions for everyone involved in the sale.
VA loans remain a practical tool for eligible service members and veterans who want to buy a home. The benefits align well with current market conditions that favor careful planning. Exploring these options early can make a real difference in the buying process.