VA Loans - Supporting Your Homeownership Journey
At The Harris Team, we are honored to assist active-duty service members, veterans, and eligible military families in accessing the powerful benefits of VA Loans. Backed by the U.S. Department of Veterans Affairs, VA Loans offer some of the most advantageous terms in today’s mortgage market. Our team provides clear guidance and personalized support, ensuring you navigate the process with confidence.
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About Us
We understand that securing a mortgage can be daunting, and we are here to guide you through every step of the way. From the initial consultation to the final closing, Thomas Harris Mortgage Solutions is committed to offering expert advice and customized loan options that meet your unique needs.
What Is a VA Loan?
A VA Loan is a government-backed mortgage designed specifically for eligible military borrowers. Because the Department of Veterans Affairs guarantees a portion of the loan, lenders can offer favorable terms including:
• No down payment required for most qualified borrowers
• No private mortgage insurance (PMI)
• Competitive interest rates
• Flexible credit and income standards
VA Loans make homeownership more accessible while honoring the service and sacrifice of our military community.
Key Benefits of VA Loans
No Down Payment
Most qualified VA borrowers can finance 100% of the purchase price, eliminating the need for a large upfront down payment.
No Private Mortgage Insurance
Unlike many other low- or zero-down loan programs, VA Loans do not require monthly mortgage insurance, helping keep your payment lower.
Reduced Closing Costs
The VA limits certain closing costs for borrowers, and some expenses can be covered by the seller.
Competitive Interest Rates
Because of the VA’s backing, lenders can often offer lower interest rates than many conventional mortgage programs.
Flexible Credit Guidelines
VA Loans are designed to support military borrowers, offering more flexible credit requirements than conventional financing.
Assumable Loan Option
VA Loans may be assumable, allowing another qualified borrower to take over your loan and potentially your interest rate.
VA Loan Eligibility
To qualify for a VA Loan, you must meet service-related criteria established by the Department of Veterans Affairs. Eligibility generally includes:
• Active-duty service members
• Veterans
• Certain members of the National Guard and Reserves
• Surviving spouses of service members who died in service or from a service- related disability
Eligibility is verified through a Certificate of Eligibility (COE), which the Harris Team can help you obtain.
VA Loan Requirements
In addition to eligibility, typical VA Loan requirements include:
• Sufficient income to cover monthly payments
• Acceptable credit profile
• A primary residence home purchase
• A property that meets VA minimum property standards
• Reasonable debt-to-income (DTI) ratio as determined by underwriting
Our team will walk you through each requirement to ensure you are positioned for a smooth approval.
VA Funding Fee
VA Loans do not require monthly mortgage insurance, but they do include a one-time VA Funding Fee. This fee helps support the loan program and may vary based on:
• Your military status
• Whether you choose to make a down payment
• Whether this is your first VA Loan or a subsequent use
The VA Funding Fee can be financed into the loan amount, and certain veterans with service-connected disabilities may be exempt.
Why Work With Harris Team for Your VA Loan
Choosing the Harris Team gives you access to mortgage experts who understand both VA guidelines and the unique circumstances of military families. We provide:
• Personalized loan guidance based on your service benefits
• Clear, timely communication throughout the process
• Expertise in navigating VA requirements and documentation
• Support from pre-qualification through closing
Our goal is to make the VA Loan experience simple, stress-free, and aligned with your homeownership goals.
Start Your VA Loan Today
If you are a service member, veteran, or surviving spouse, you may already have access to one of the most powerful mortgage programs available. Contact The Harris Team to verify your eligibility, get pre-qualified, or begin your VA Loan application.
- Financial Assessment: Review of your financial situation to determine the best mortgage options.
- Pre-Approval: Efficient pre-approval process to give you a competitive edge in the market.
- Loan Comparison: Comparison of loan options to ensure you make an informed decision.
- Ongoing Support: Support and communication throughout the loan process and beyond.
Why choose us
Comprehensive Support
From pre-approval to closing, we provide comprehensive support and resources to make your home buying journey seamless and enjoyable.
Personalized Service
We believe in a personalized approach, taking the time to understand your financial situation and goals to offer the best mortgage solutions.
Expertise and Experience
With extensive knowledge of the mortgage industry, Thomas Harris brings a wealth of experience to help you navigate the complexities of home financing.
Transparency and Integrity
Honesty and transparency are at the core of our business. We ensure that you are fully informed and confident in your decisions throughout the mortgage process.
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All Services
- FHA Loans
- VA Loans
- Conventional Loans
- Renovation Loans
- Reverse Mortgage
- Bank Statement Loans
- DSCR Loans
