Non-QM Loans :  1-858-997-9135
VA & Conv Loans :  1-855-537-6969
Non-QM Loans :  1-858-997-9135
VA & Conv Loans :  1-855-537-6969


Find Out if You Qualify

A Plus Mortgage Rates serves active military and veterans for VA Loans whether it’s a purchase, streamlining refinance, or streamlining cash-out refinance in California, Colorado, Arizona, Texas, Illinois, and Florida.

How to get a VA Loan Home Loan

VA home loans are for active military or veterans seeking to purchase a home. There are certain requirements to be approved for VA loan. The first step to getting a VA backed loan is to obtain a Certificate of Eligibility (COE). Additionally, borrower must satisfy conditions set by the Department of Veteran Affairs.

Who qualifies for a VA loan?

To be eligible to VA loan, the minimum requirements set by the U.S. Department of Veterans Affairs (VA) as well as having a valid Certificate of Eligibility (COE) and needful credit and income requirement.

  • Veterans (of the Navy, Air Force, Army, Coast Guard or Marine Corps)
  • Reserve Members
  • Active-Duty Personnel
  • National Guard Members
  • Some Surviving Spouses


Active duty must be active for a minimum of 6 months. Members of the National Guard and Reserve must have minimum of 6 months before they can apply unless they are called upon active duty at that time.

Additionally, one or more of the requirements must be met:

  • Served 181 days of active service during peace time
  • Served 90 consecutive days of active duty during wartime
  • 6 years of service in Reserves or National Guard or you are the spouse of a service member who has passed away as a result service disability, in the line of duty or injury

What is a Fixed Rate Mortgage?

A fixed-rate mortgage is a full amortizing mortgage loan. The interest rate on the note remains constant through the term of the loan.  The payment amounts are fixed, and the duration of the loan is fixed.  The benefits of a fixed rate mortgage are the borrower has a consistent, single payment and can plan a budget based on the fixed monthly cost.

What are the VA Loan Requirements?

VA loan requirements have several components that must be satisfied in order be approved. A Plus Mortgage Rates will help you navigate through the proper structure to ensure you meet the requirements to be approved. 

While loan requirements for VA loan are more lenient compared to a conventional loan, the borrower must demonstrate sufficient credit score and income to qualify. Additionally, the residence must be primary residence.

The following requirements apply for a purchase or cash out refinance:

  • Minimum 550 FICO score
  • Qualified Income
  • Certificate of Eligibility (COE), we can request it electronically
  • No foreclosures or chapter 7 bankruptcies within 2 years and no chapter 13 bankruptcies within 1 year
  • Appraisal and pest inspection


VA Loan options:

VA Purchase loan – great alternative if you’re having trouble getting conventional loan financing, VA home loan is an excellent option for buying a home.

VA Loans
VA Loans

VA Cash-out refinance – turn your equity into cash for a remodel, pay off existing credit cards by replacing your current loan or VA loan with a lower rate loan while getting cash out to do what want.

VA Streamline (IRRRL) Refinance – streamlining your refinance allows you to include your closing costs into the new loan as long as the new loan offers a lower payment.

3 things you should know about VA loans in 2021 – YouTube

How do you apply for VA Loan?

Contact a specialist at A Plus Mortgage Rates today!

VA Loan Application Process

  1. Contact A Plus Mortgage Rates to discuss your and determine your eligibility requirements. We will help you find the best rate and options to consider
  2. Get a quote and lock in your rate
  3. Complete the loan application process with our easy online portal and sign disclosures
  4. Schedule appraisal
  5. Review final loan documents and execute


How long does it take?

Typically, 45 to 60 days. In some cases, we can qualify within 30 days.