VA Loans — 0% Down for Veterans
The VA home loan is one of the strongest mortgage products in existence — 0% down, no monthly mortgage insurance, and competitive rates — guaranteed by the Department of Veterans Affairs for eligible veterans, active-duty service members, National Guard and Reserve members, and surviving spouses. RICH Home Loans is a VA-approved broker licensed in Colorado, Texas, Kansas, and Missouri.
Why the VA loan is the best loan you'll ever get
- 0% down — 100% financing of the purchase price, no down payment required
- No monthly mortgage insurance, ever
- Competitive interest rates (often lower than conventional)
- No county VA loan limit for borrowers with full entitlement
- Seller can contribute up to 4% in concessions (closing costs + prepaids)
- Assumable — the next VA-eligible buyer can take over your loan at your rate
- VA IRRRL (Streamline Refinance) available to reduce your rate with minimal paperwork
Eligibility
You may be eligible for a VA loan if you meet any of the following:
- Veteran: honorably discharged after meeting minimum active-duty service requirements (typically 90 continuous days during wartime or 181 days during peacetime)
- Active duty: currently serving and have met minimum service requirements
- National Guard or Reserves: 6 years of service, or 90 days of active-duty service under Title 10
- Surviving spouse: unmarried spouse of a veteran who died in service or from a service-connected disability
VA funding fee
The VA charges a one-time funding fee that takes the place of monthly mortgage insurance. The fee depends on your service history, whether you've used your VA entitlement before, and your down payment (if any). Most borrowers finance the funding fee into the loan. The funding fee is fully waived for veterans with a VA-rated service-connected disability — call us to confirm your waiver.
Frequently asked questions
Do I really need $0 down?
Yes — a VA loan allows qualified borrowers to finance 100% of the purchase price with no down payment, provided you have full entitlement remaining. A down payment is optional; you can put money down to reduce the funding fee or monthly payment.
Is there mortgage insurance?
No monthly mortgage insurance — ever. VA charges a one-time VA funding fee (typically financed into the loan) instead of ongoing MI. The funding fee is waived for borrowers with a VA-rated service-connected disability.
How do I get my Certificate of Eligibility (COE)?
We pull your COE directly through the VA's lender portal in most cases — you don't need to request it yourself. Bring us your DD-214 (or your service record if you're active duty) and we'll handle the rest.
Can I use a VA loan more than once?
Yes. Your entitlement restores when you pay off a previous VA loan and sell the property. You can also have two VA loans at once in some cases (PCS moves, etc.) using second-tier entitlement.
Related
- FHA loans — low down payment option if VA isn't a fit
- Conventional loans — for non-eligible borrowers with strong credit and 5–20% down
- Refinance — including VA IRRRL streamline and VA cash-out
- San Antonio, TX and Aurora, CO — high-volume military VA markets we serve
Ready to start?
Thank you for your service. Let's get your VA scenario lined up.