VA Loans — Veterans & Service Members
VA Loans for Eligible Veterans and Active Service Members
VA purchase and refinance options with veteran-focused guidance. Zero-down benefits for eligible borrowers. We work with veterans to navigate the VA loan process from start to finish.
- Zero down payment for eligible borrowers
- No private mortgage insurance (PMI)
- Competitive interest rates
- VA purchase and refinance (IRRRL) programs
- Experienced guidance through the VA process
Options Home Loans LLC offers VA mortgage loans in California for eligible veterans, active-duty service members, and surviving spouses. VA loans require no down payment, no private mortgage insurance, and offer competitive rates. We are a licensed mortgage broker in Irvine, CA — NMLS #2221613.
What Is a VA Loan?
A VA loan is a mortgage benefit available to eligible veterans, active-duty service members, and surviving spouses. The loan is guaranteed by the U.S. Department of Veterans Affairs, which allows lenders to offer favorable terms — including zero down payment, no private mortgage insurance, and competitive interest rates — as a benefit of military service.
VA Loan Eligibility
Eligibility for a VA loan is based on your service history. Generally, veterans who served 90 consecutive days during wartime, 181 days during peacetime, or 6 years in the National Guard or Reserves may qualify. Active-duty service members and surviving spouses of veterans who died in service or from a service-connected disability may also be eligible. A Certificate of Eligibility (COE) is required and we can help you obtain it.
Zero Down Payment and No PMI
One of the most significant benefits of a VA loan is the ability to purchase a home with no down payment. Unlike FHA and conventional loans with less than 20% down, VA loans do not require private mortgage insurance. This can result in meaningfully lower monthly payments compared to other low-down-payment programs.
VA Refinance Options
Veterans who already have a VA loan may be eligible for an Interest Rate Reduction Refinance Loan (IRRRL), also called a VA Streamline Refinance. This program allows eligible borrowers to refinance to a lower rate with minimal documentation and no appraisal in many cases. Cash-out refinance options are also available for veterans who want to access equity.
You May Qualify If…
Live Pricing
Today's Real-Time Rates
See live rate options for your loan scenario. Rates update in real time and vary based on credit, loan amount, and property type.
Rates shown are for illustrative purposes and subject to change. Contact us for a personalized rate quote. NMLS #2221613.
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