Loan Programs

VA Loans

Zero down for those who served. Not affiliated with the Department of Veterans Affairs.

VA loans are a type of mortgage available to veterans, active-duty service members, members of the National Guard and Reserves, and eligible surviving spouses. Guaranteed by the U.S. Department of Veterans Affairs, they are one of the most powerful home-buying benefits available anywhere.

VA loans require no down payment, no private mortgage insurance, and typically offer lower interest rates than conventional financing. Van has helped many veterans use this benefit for purchases, cash-out refinances, and VA Interest Rate Reduction Refinance Loans (IRRRL). You earned it — let's put it to work.

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Key VA Characteristics

  1. No down payment required on purchases up to the conforming limit, and often above it with full entitlement.
  2. No private mortgage insurance (PMI), which lowers your monthly payment.
  3. Competitive interest rates that are often lower than conventional loans.
  4. Limited closing costs, and sellers are allowed to pay a portion of them.
  5. No prepayment penalty if you pay the loan off early or refinance.
  6. Flexible credit guidelines and higher allowable debt-to-income ratios.
  7. Reusable benefit, plus the VA IRRRL streamline refinance to lower your rate with minimal paperwork.
Other Loan Programs

Not sure which program fits?

Van will walk you through every option in one call — no pressure, no runaround.

Conventional Loans

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Self-Employed Loans

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Reverse Mortgages

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Second Mortgages

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Need It Fast? Call the Simmons Express

(949) 307-4575

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