Home > Mortgage Programs > VA Mortgage Loan

VA Home Loans

Aliant Mortgage is proud to offer VA mortgage loans to eligible active duty or retired U.S. Veterans and their surviving spouses. In addition to offering premier benefits and terms, VA mortgages remain a flexible solution for home financing. Based in Birmingham, Alabama, we serve VA home loans customers throughout Alabama, including Montgomery, Huntsville, Mobile and all points in between. Below you will find several answers to common VA home loan questions.

Call us today at 205.823.1727 or 800.823.1727 to begin your pre-approval, determine eligibility, or receive today's VA mortgage rates.

What is a VA Mortgage?

A VA mortgage is a government-backed mortgage guaranteed by The U.S. Department of Veteran Affairs, which is issued by qualified lenders. The VA loan was designed to offer active duty, veterans, and the surviving spouses of veterans, affordable long-term financing solutions.

Benefits

• No monthly mortgage insurance payments (MI)
• Up to 100% financing available
• Competitive rates comparable to conventional financing
• Greater credit score flexibility

Purchases

• No down payment requirements
• Seller-paid closing costs up to 4% of the purchase price allowed
• Be sure to ask us about our long-term rate locks and free rate float-down features!

Refinances

• Streamline / Interest Rate Reduction Refinance Loan (IRRRL) available for existing VA loans
  • Limited documentation
  • Limited appraisal requirements
• Cash Out/Debt Consolidation – you may be able to:
  • Lower your interest rate and/or monthly payment
  • Reduce the remaining years on your mortgage
  • Pay off debt
  • Cover other expenses such as education or home improvements

Eligibility

• Contact us today and we will assist you with documenting your eligibility!
• Forms you may need:
  • Certificate of Eligibility Request Form: VA Form 26-1880
  • Request Pertaining to Military Records, used to apply for proof of military service: Standard Form 180

All offers of credit are subject to approval.

 
>> Back to Mortgage Programs