Loan Options | VA Loans

Thank You To Our Veterans & Service Members*

$500

Toward Closing Costs
On All Applications Taken in November 2021**

GMM is proud to work with Military Families and Veteran Homebuyers. Our experienced Loan Officers can help you navigate the home mortgage process to get you into your new home with ease.

Thank you for your service and the sacrifice you and your family have made.

About VA Loans

A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA) specifically for members of the military to buy and refinance homes. Eligible veterans, active-duty service members, reservists and their spouses may be able to finance a home with no down payment and flexible credit requirements.

VA entitlement is linked to the VA guarantee, which works like mortgage insurance and protects a lender against losses if you default, much like mortgage insurance charged on conventional and FHA loans. However, the VA guarantee isn’t added to your monthly payment or charged as a lump sum, resulting in a lower VA monthly payment compared to a low down payment conventional or FHA loan.

Mission Eligibility

If you’ve served in the Army, Navy, Air Force, Marines, Coast Guard, Public Health Service Corps, or National Oceanic and Atmosphere Administration (NOAA) Corps, you may have earned VA loan benefits.

You may be eligible if you:
  • Served 2 years Regular Service
  • Served 6 years Reserves/National Guard
  • Served 90 days Active Duty during war-time
  • Served 181 days Active Duty during peacetime
  • Released early for duty-related disability
  • Are a surviving spouse of a veteran
  • Are a cadet or midshipmen of a U.S. military academy
  • Are a member of certain other Federal service orginizations
  • VA home loans often have lower interest rates and closing costs than conventional loans
  • You may not have to make a down payment and mortgage insurance is not required
  • You do not have to pay a penalty if you pay off your VA home loan early

You will need to get a Certificate of Eligibility (COE) to prove you are eligible for a VA loan. Then you can apply for a VA loan through George Mason Mortgage.

Typically, you can apply for a COE through www.ebenefits.va.gov. However, in some cases, your lender may be able to establish your eligibility and obtain your COE online. Ask us about using this method to obtain a COE.
Yes, there are VA Loan refinance options. Learn more here.
Mission Possibilities

1. VA loans require a non-refundable VA funding fee at closing. Maximum VA loan amounts vary by county. George Mason Mortgage, LLC is not endorsed by, or affiliated with any government agency or program.
*Active duty service members, reservists, National Guard, veterans and a surviving spouse of a veteran applying to purchase purchase or refinance are eligible for this promotion. Valid proof of eligibility required.
**A lender credit will be applied at the time of closing and cannot result in cash back to the borrower.

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